242-244 Lygon Street, Carlton, VIC 3053 | Property Value & History | OnTheHouse
OFF MARKET

242-244 Lygon Street
Carlton VIC 3053

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 514m2
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Property Details for 242-244 Lygon St, Carlton

Building Type
Commercial
Land Size
514m2
Local Government
Melbourne
Lot/Plan
1/LP26676

Last Listing description (May 2022)

Axis Property is pleased to offer 242 Lygon Street, Carlton for Lease!

Key Features:

- Two freestanding corner adjoining buildings with highly exposed Lygon Street frontage and rear access via Ormond Place

- Conveniently located on Lygon Street between Rathdowne and Swanston Streets within walking distance to the world renowned University of Melbourne
- Building Area of 460m2*
- Land Area of 510m2*
- Major foot traffic resulting from the growing student population and bustling retail activity
- Well serviced by public transport with major tram routes running along Swanston and Elgin Street
- Fully equipped kitchen
- Parking at the rear

Call now for more information
Daniel Liberman 0438 333 666

Property History for 242-244 Lygon St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$6,320,000
22 Sep 2015
Listed for Rent
10 May 2022
  • 11 Oct 2021
    Listed for Rent - Price not available
  • 22 Sep 2015
    Sold for $6,320,000
  • 17 Aug 2015
    Listed for Sale Not Disclosed
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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 16,043 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 74 properties listed for rent in Carlton on OnTheHouse. According to Cotality's data, 647 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.