5/48 Leicester Street, Carlton, VIC 3053 | Property Value & History | OnTheHouse
OFF MARKET

5/48 Leicester Street
Carlton VIC 3053

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 110m2
Land area: 5587m2
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Property Details for 5/48 Leicester St, Carlton

5/48 Leicester St, Carlton is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 5587m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in December 2024.

Building Type
Unit
Year Built
1994
Floor Size
110m2
Land Size
5587m2
Local Government
Melbourne
Lot/Plan
51/PS327226

Last Listing description (March 2025)

* Certain images have been virtually staged for illustration purposes.

A rare low-rise opportunity on the cusp of the city, this family-sized 3 bedroom, 2 bathroom, 2 balcony apartment is inspired by far-reaching space over two light-filled levels. Zoned to Carlton Gardens Primary School and the highly prized University High School, explore the best of Melbourne from your doorstep. Simply stroll to the wide open greenery of Carlton Gardens, free city trams, world-class universities, Queen Victoria Market and a fabulous feast of cafes, bars and restaurants.

Discover a chef-friendly kitchen with a breakfast bar and stainless-steel appliances including a 4-burner gas cooktop and a full-sized dishwasher. Under soaring vaulted ceilings, spacious and air-conditioned open-plan living and dining makes a seamless French door connection with a balcony showcasing a delightful first-floor aspect through leafy treetops. This game-changing space is a blissful perch for everyday living and entertaining under shelter and shade. The trio of robed bedrooms are set upstairs and down with the palatial master suite stretching out on the top floor, serviced by a private ensuite, a sunlit study nook and an abundance of attic storage space. One of the bedrooms features an east-facing balcony, while the primary bathroom boasts a shower over a bathtub, and a separate WC.

Additional features include secure car parking, a large Euro-style laundry with a dryer, split-system heating and cooling, intercom entry, and a beautiful central courtyard garden for all residents to enjoy. Inspect with confidence!

Outgoings:
Council Rates $529.00 per quarter approx.
Water Rates $175.00 per quarter approx.
Owners Corporation Fees $1,212.00 per quarter approx.

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property History for 5/48 Leicester St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$870,000
20 Dec 2024
Listed for Rent
$652/w
10 Jan 2022
  • 28 Jan 2025
    Listed for Rent $1,050 / week
  • 20 Dec 2024
    Sold for $870,000
  • 25 Sep 2024
    Listed for Sale $870,000
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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 16,042 properties. Over the last 5 years, Houses in Carlton have seen a -3.89% decrease in median value, while Units have seen a -11.11% decrease. As at 31 March 2026:

  • The median value for Houses in Carlton is $1,571,182 while the median value for Units is $344,739.
  • Houses have a median rent of $843 while Units have a median rent of $560.
There are currently 62 properties listed for sale, and 43 properties listed for rent in Carlton on OnTheHouse. According to Cotality's data, 668 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.