4324/550 Lygon Street, Carlton, VIC 3053 | Property Value & History | OnTheHouse
 
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4324/550 Lygon Street
Carlton VIC 3053

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 47m2
Land area: 1790m2
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Property Details for 4324/550 Lygon St, Carlton

4324/550 Lygon St, Carlton is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 1790m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
2000
Floor Size
47m2
Land Size
1790m2
Local Government
Melbourne
Lot/Plan
3L24/PS423753

Last Listing description (November 2025)

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Perched on the top floor, facing away from the Lygon Street this huge one bedroom plus study apartment is blessed with natural light, and it ticks all the boxes.
The property comprises of open plan living and dining zones open onto north-east facing balcony. Huge bedroom with BIR and king size bed. Separate office/study, kitchen with gas cooking and spotless bathroom.
The apartment is perfectly suited for executive couple or single who is looking for the convenience lifestyle on the fringe of Melbourne CBD.
With Lygon & Swanston Street restaurants & cafes just around the corner and a stone's throw to Melbourne University & RMIT, this enormous apartment accompanied by an undercover carpark will fulfil your convenient as well as the best of Carlton's excellent amenities such as shopping, restaurants, parkland and recreational facilities.
Inspection will impress.

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Property History for 4324/550 Lygon St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$324,000
11 Feb 2022
  • 18 Nov 2025
    Listed for Rent $590 / week
  • 04 Jul 2024
    Listed for Rent $550 / week
  • 11 Feb 2022
    Sold for $324,000
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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 16,030 properties. Over the last 5 years, Houses in Carlton have seen a 11.55% increase in median value, while Units have seen a -2.13% decrease. As at 30 November 2025:

  • The median value for Houses in Carlton is $1,669,881 while the median value for Units is $337,144.
  • Houses have a median rent of $675 while Units have a median rent of $550.
There are currently 59 properties listed for sale, and 82 properties listed for rent in Carlton on OnTheHouse. According to Cotality's data, 642 properties were sold in the past 12 months in Carlton.

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© Copyright 2025. 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.

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