393-395 Lygon St, Carlton is a 3 bedroom, 1 bathroom House and was built in 1900. The property has a land size of 127m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
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A unique opportunity has arisen to secure this solid brick semi-detached Victorian property offering immense potential to renovate/upgrade (STCA/STPA) and realise its full potential in this prime Carlton position near Melbourne University & Hospital precinct. Occupying a corner allotment (corner of Waterloo Street), it presents a functional existing layout with immediately liveable interiors that are ready to be reimagined. The single level layout with its north/west orientation further add to the exciting possibilities that are on offer with this property that could serve various end use possibilities (STCA) in this iconic inner-city locale. The current floorplan includes three sizeable bedrooms/consulting rooms set off the entrance hall, a generous living and dining room with a wall heater, large kitchen with good storage and a meals area, bathroom with a separate w/c, plus a rear yard with pedestrian lane & side access. This rare offering provides an affordable opportunity just strolling distance to the heart of cosmopolitan Lygon Street with its shops, cafes and restaurants, plus CBD trams, parklands and great schools. Nelson Alexander Pty Ltd.
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 16,059 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:
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