403/500 Drummond Street, Carlton, VIC 3053 | Property Value & History | OnTheHouse
 
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403/500 Drummond Street
Carlton VIC 3053

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 1676m2
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Last updated 9 Feb 2026
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Property Details for 403/500 Drummond St, Carlton

403/500 Drummond St, Carlton is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 2011. The property has a land size of 1676m2.

Building Type
House
Year Built
2011
Land Size
1676m2
Local Government
Melbourne
Lot/Plan
S17/PS627030

Last Listing description (September 2023)

Retirement Living never looked so good. This east facing apartment on the 4th floor, overlooks Reeves Reserve and is 96.4sqm including a generous balcony. It features two spacious bedrooms with 100% wool carpets, 2 beautifully designed en-suite bathrooms and lovely living area that opens onto your own private balcony, drenched with beautiful natural light from the east. In the kitchen, you'll find stone bench tops and integrated Fisher & Paykel appliances, while the zoned reverse cycle air-conditioning ensures year-round comfort.

(Includes built in fridge and freezer, dishwasher drawers, intercom access, INS Medi Phone)


Our community spaces also offer a private dining room with caterer kitchen, a private cinema, fully equipped gym, community coffee space, lounge and function area, billiard table, library, roof garden with super screen and bbq, secure basement parking, individual storage cages, workshop, on site concierge during business hours and weekends, art and craft space and stunning original Australian art work throughout. Designed by renowned architectural firm Fender Katsilidis, Drummond Place is the perfect place to enjoy this next chapter. Walk to Lygon Street, Rathdowne Village, cafes, supermarkets, galleries, restaurants and the stunning gardens and parks in the immediate vicinity. We are also located across the park from Rathdowne Place Aged Care.

To book your private inspection, please call:

Sarah Russo
0409 616 613
srusso@australianunity.com.au

Images are indicative only.

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Property History for 403/500 Drummond St, Carlton, VIC 3053

A timeline of how this property has performed in the market
  • 29 Mar 2023
    Listed for Sale $845,000
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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 16,045 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 62 properties listed for sale, and 79 properties listed for rent in Carlton on OnTheHouse. According to Cotality's data, 649 properties were sold in the past 12 months in Carlton.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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