223 Lygon Street, Carlton, VIC 3053 | Commercial for rent | OnTheHouse
FOR RENT
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223 Lygon Street
Carlton VIC 3053

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 165m2
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Prime Lygon Street Retail Opportunity.

Outstanding ground floor retail tenancy with excellent street exposure, complemented by a recently renovated first floor featuring four versatile rooms – ideal for office, consulting. (many additional uses).
Freshly painted throughout and fitted with split-system heating and cooling for year-round comfort.
Key Features:
• Highly sought-after location in the heart of Carlton's vibrant retail precinct
• Surrounded by leading brands including ANZ, TAB, Peter Alexander, Vintage Cellars, and Husk
• Strong foot traffic and excellent signage potential
For inspections and further details, please contact:
Damien Shiel 0419 394 999
Conjunctional Leasing Agents CVA Melbourne 9654 2311
Craig McKellar 0431 892 780

Property Details for 223 Lygon St, Carlton

Building Type
Commercial
Floor Size
165m2

Commute Calculator

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Local Area Liveability Score

9.6

This Liveability Score is a rating "out of 10" and a guide to how well connected properties within a local area are to facilities such as public transport, healthcare services, shopping outlets, schools and parkland. The scores apply to the local area (or "mesh block") in which a property is located. The scores are largely comprised of 2 main elements:

  1. Walking time to a local facility
  2. Number of facilities within a 20-minute walk

The overall Liveability Score is made up of smaller sub-scores, as described below.

Sign up or Login to see liveability score in more detail
Walkability
10/10
Schools
10/10
Parklands
10/10
Health
10/10
Shopping
10/10
Public Transport
10/10

About Carlton 3053

The size of Carlton is approximately 1.7 square kilometres. It has 9 parks covering nearly 20.9% of total area. The population of Carlton in 2016 was 18535 people. By 2021 the population was 16055 showing a population decline of 13.4% in the area during that time. The predominant age group in Carlton is 20-29 years. Households in Carlton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carlton work in a professional occupation.In 2021, 23.30% of the homes in Carlton were owner-occupied compared with 18.60% in 2016..

Carlton has 15,722 properties. Over the last 5 years, Houses in Carlton have seen a 9.99% increase in median value, while Units have seen a 12.89% increase. As at 30 June 2025:

  • The median value for Houses in Carlton is $1,519,516 while the median value for Units is $361,728.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 65 properties listed for sale, and 70 properties listed for rent in Carlton on OnTheHouse. According to CoreLogic's data, 541 properties were sold in the past 12 months in Carlton.

What's around 223 Lygon St, Carlton

223 Lygon St, Carlton is in the school catchment zone for Carlton Gardens Primary School and University High School.

Nearby Schools
Comparable Properties
Stott's Colleges
0.15km
Level 1-6, 168 Exhibition Street MELBOURNE VIC 3000 Melbourne 3000
SecondaryNon-Government7 - 12Combined Enrolled
Stott's Colleges
0.15km
Carlton 3053
SecondaryNon-GovernmentCombined Enrolled
Carlton Gardens Primary School
0.33km
Carlton 3053
IN CATCHMENTPrimaryGovernmentP - 6Combined359 Enrolled
Carlton Primary School
0.6km
Address not found
PrimaryGovernmentP - 6Combined113 Enrolled
Academy of Mary Immaculate
0.77km
Fitzroy 3065
SecondaryNon-Government7 - 12Combined622 Enrolled
University High School
1.04km
Parkville 3052
IN CATCHMENTSecondaryGovernment7 - 12Combined1434 Enrolled
David Scott School
1.04km
Fitzroy 3065
SpecialNon-Government10 - 12Combined48 Enrolled
Sacred Heart School
1.05km
4 Newcastle Street NEWPORT VIC 3015 Newport 3015
PrimaryNon-Government1 - 6Combined396 Enrolled
Brotherhood of St Laurence|David Scott School
1.06km
95-97 Brunswick Street FITZROY VIC 3065 Fitzroy 3065
SpecialNon-GovernmentCombined Enrolled
St Joseph's Flexible Learning Centre
1.11km
North Melbourne 3051
SpecialNon-Government7 - 12Combined391 Enrolled

Suburb Insights for Carlton 3053

Market Insights
Carlton Trends for Houses
Median Value

$1.52M

1.77%
View Trend
Median Growth

-0.35%

View Trend
Median Rent

$650/W

-
View Trend
Rental Yield

3.14%

2.61%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year (07/24 - 06/25)
Carlton Trends for Units
Median Value

$362k

0.23%
View Trend
Median Growth

-0.85%

View Trend
Median Rent

$550/W

3.77%
View Trend
Rental Yield

7.79%

1.70%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year (07/24 - 06/25)
Neighbourhood Insights
Age

Population 16,055

0-9

 

4%

10-19

 

8%

20-29

 

46%

30-39

 

19%

40-49

 

7%

50-59

 

6%

60-69

 

5%

70-79

 

4%

80-89

 

2%

90-99

 

1%

Household Structure
Occupancy
Contact agent
Damien Shiel
Show contact details
Kelly & Shiel Real Estate - CARLTON
Preferred contact:
CoreLogic Copyright and Legal Disclaimers about Property Data
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all liability for any loss or damage arising in connection with the data and information contained in this publication.
Victoria data
The State of Victoria owns the copyright in the Property Sales Data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the Property Sales Data and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.
Valuations and Estimates
This estimate is provided by CoreLogic, and is based on statistical market data such as recent local sales, property size, number of bedrooms and many more factors. It comes from public data, which may be incomplete or inaccurate, and should not be used in lieu of a professional appraisal under any circumstances, including for lending purposes or in home loan applications.
School data and Content
Product Data licenced by CoreLogic under a Creative Commons Attribution licence. For details regarding licence, data source, copyright and disclaimers, see https://www.corelogic.com.au/legals/third-party-restrictions
ABS data
This publication contains data and statistics provided by the Australian Bureau of Statistics, available at http://www.abs.gov.au/ and reproduced under Creative Commons Attribution 2.5 http://creativecommons.org/licenses/by/2.5/au/legalcode
Liveability information
The Liveability Score is a rating (out of 10) provided by Propella.ai Pty Ltd as a guide about how "well-connected" properties are in certain local areas. The Liveability Score is based on statistical data about a local area in which a property is located including the distance to and number of available facilities and services (including schools, parklands, health services, shopping and public transport) (Liveability Data). The Liveability Data and Liveability Score has not been verified or confirmed by CoreLogic, is not available for all properties, and is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. Given the relative nature of the Liveability Score, propella.ai anticipate that scores for individual properties will change over time.