4123/550 Lygon Street, Carlton, VIC 3053 | Property Value & History | OnTheHouse
OFF MARKET

4123/550 Lygon Street
Carlton VIC 3053

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 1790m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 1 Jun 2026
Low

High
Save

Property Details for 4123/550 Lygon St, Carlton

4123/550 Lygon St, Carlton is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 1790m2. While the property is not currently for sale or for rent, it was last sold in March 2025.

Building Type
Unit
Year Built
1998
Land Size
1790m2
Local Government
Melbourne
Lot/Plan
1L23/PS423753

Last Listing description (December 2025)

This thoughtfully designed apartment maximizes its prime location, offering both comfort and convenience.

Apartment Features:

Spacious and bright living/dining area with ample natural light

Modern and functional kitchen

Stylish and well-appointed bathroom

Dedicated study area converted into a bedroom for added flexibility

Built-in wardrobes for extra storage

Ceiling fan for enhanced comfort

Fully furnished-move in hassle-free!

Flexible Use - Perfect for Various Buyers!

This apartment is not limited to student accommodation-it is also suitable for non-students, owner-occupiers, or investors looking for great returns.

An Excellent Investment or Ideal Home!

Body corporate fees: Approx. $1,900per year

Council rates: Approx. $700 per year

Strong rental yield, making it a smart long-term investment

Prime Location - Everything at Your Doorstep!

Moments from the University of Melbourne

Close to Carlton Gardens and Royal Park

Easy access to public transport for effortless commuting

Surrounded by vibrant cafes, restaurants, and shopping options

Whether you're a first-time homebuyer, a downsizer, or a savvy investor, this apartment is an opportunity you don't want to miss!

Contact us now to arrange a viewing and secure this dream home!

Disclaimer: We have in preparing this document used our best endeavors to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.auduediligencechecklist

Property History for 4123/550 Lygon St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$282,000
29 Mar 2025
  • 29 Mar 2025
    Sold for $282,000
  • 07 Mar 2025
    Listed for Sale Under Contract $282,000
  • 12 Aug 2014
    Sold for $215,000
Sign in to see more transactions
Commute Calculator

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 15,938 properties. Over the last 5 years, Houses in Carlton have seen a -12.67% decrease in median value, while Units have seen a -15.94% decrease. As at 31 May 2026:

  • The median value for Houses in Carlton is $1,468,327 while the median value for Units is $342,973.
  • Houses have a median rent of $895 while Units have a median rent of $560.
There are currently 57 properties listed for sale, and 59 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

Market Insights
Carlton Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Carlton Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.