214/255 Drummond Street, Carlton, VIC 3053 | Property Value & History | OnTheHouse
OFF MARKET

214/255 Drummond Street
Carlton VIC 3053

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4136m2
We do not have enough data to display the calculated estimate for this property.
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Property Details for 214/255 Drummond St, Carlton

Building Type
Commercial
Year Built
1990
Land Size
4136m2
Local Government
Melbourne
Lot/Plan
214/PS300560

Last Listing description (May 2019)

214/255 Drummond Street, Carlton $57,500 (no GST payable)
Blue Chip Carlton Investment at an affordable price
Secure investment showing 5.4% NET return on investment. All outgoings paid for by Lessee (Tenant), including Congestion Levy till 2020.

Situated in the heart of Carlton s restaurant, business and entertainment district. If you have tried to park around here, you will now how valuable a Carlton car park can be. Superbly located in the renowned Clocktower development and offering trouble free investing.
Financials:
Income
$245.00 p.c.m ($2,940 p.a.)
Outgoings paid for by the lessee include:
Council Rates
Owner Corporation Rates
Water Rates
Congestion Levy
Paid for by the Lessee
For further information contact Richard Crane 0412 333 331

Property History for 214/255 Drummond St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$28,500
02 Nov 2000
  • 14 Feb 2018
    Listed for Sale Not Disclosed
  • 02 Nov 2000
    Sold for $28,500
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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 16,044 properties. Over the last 5 years, Houses in Carlton have seen a 1.31% increase in median value, while Units have seen a -12.97% decrease. As at 31 January 2026:

  • The median value for Houses in Carlton is $1,572,249 while the median value for Units is $326,979.
  • Houses have a median rent of $680 while Units have a median rent of $550.
There are currently 64 properties listed for sale, and 75 properties listed for rent in Carlton on OnTheHouse. According to Cotality's data, 644 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.