198-202 Queensberry Street, Carlton, VIC 3053 | Property Value & History | OnTheHouse
OFF MARKET

198-202 Queensberry Street
Carlton VIC 3053

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 270m2
Land area: 317m2
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Property Details for 198-202 Queensberry St, Carlton

Building Type
Commercial
Floor Size
270m2
Land Size
317m2
Local Government
Melbourne
Lot/Plan
1/TP242432

Last Listing description (October 2019)

Colliers International is pleased to present the opportunity to purchase 198-208 Queensberry Street with the following key attributes:
-Dominant corner opportunity comprising two adjoining sites in Melbournes booming University Precinct, just 250m* north of the CBD grid
-Permit approved for a 14-storey student accommodation development comprising 6,722m * GFA which includes 198 units and 77m * ground floor retail, designed by the highly awarded DKO Architecture

-Huge underlying land parcel of 541m * and three (3) street frontages spanning 77m* providing protected views and natural light corridors
-Centrally located in Melbournes internationally renowned University Precinct and walking distance to the 24-hour Elizabeth Street Dining Precinct
-Flexible permitted envelope suiting a range of end uses including student accommodation, office, apartments, medical, education or hotel/serviced apartments.
-Set to directly benefit from the $11 billion Metro Rail Project, delivering both the CBD North and Parkville Train Stations
-Ultimate Carlton location servicing an inner-city lifestyle with Swanston Street tram routes just 50m* away, Flagstaff and Melbourne Central Train Station as well as multiple bus links
-One of the last development opportunities in the tightly held University Precinct
*Approx.
For Sale by International Expressions of Interest (EOI) Closing on Friday 14th June at 12pm AEST
To arrange an inspection or for more information please contact Colliers International Melbourne City Sales team as the exclusive selling agents:
Oliver Hay +61 419 528 540
Guy Wells +61 405 612 416
This property is proudly marketed by the Melbourne City Sales team (MCS).

Property History for 198-202 Queensberry St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$5,115,000
12 Oct 2016
Listed for Rent
$2.92k/w
20 Aug 2014
  • 17 May 2019
    Listed for Sale Not Disclosed
  • 12 Oct 2016
    Sold for $5,115,000
  • 06 Jun 2014
    Listed for Rent - Price not available
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About Carlton 3053

The size of Carlton is approximately 1.7 square kilometres. There are 9 parks, covering nearly 20.9% of the 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 16,056 properties. Over the last 5 years, Houses in Carlton have seen a 2.56% increase in median value, while Units have seen a -14.08% decrease. As at 30 June 2026:

  • The median value for Houses in Carlton is $1,429,732 while the median value for Units is $346,504.
  • Houses have a median rent of $895 while Units have a median rent of $570.
There are currently 69 properties listed for sale, and 69 properties listed for rent in Carlton on OnTheHouse. According to Cotality's data, 640 properties were sold in the past 12 months in Carlton.

Suburb Insights for Carlton 3053

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.