57-65 Drummond Street, Carlton, VIC 3053 | Property Value & History | OnTheHouse
 
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57-65 Drummond Street
Carlton VIC 3053

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 605m2
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Property Details for 57-65 Drummond St, Carlton

Building Type
Commercial
Land Size
605m2
Local Government
Melbourne
Lot/Plan
CP151223

Last Listing description (December 2021)

Located right on the edge of the Melbourne CBD, 57-65 Drummond Street, Carlton presents an exciting opportunity to reconfigure the current configuration to create the boutique luxury apartment so favoured by downsizers, city fringe hotel and/or student accommodation complex.

Property highlights include:

Land area: 604m*

Building area: 1,600m*
43 Individual apartments - 23 double & 20 single
Single title
Combination of contained and shared and toilet amenities
Coin operated laundrette
Car parking for 10 with rear access from Queensberry Street via Snowball Lane
Separate reception/lounge/dinning area serviced by a commercial kitchen with 2 cool rooms and storage
Full Sprinkler system throughout

For further information or to organise an inspection, please contact Gross Waddell ICR directly.

*Approx.

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Property History for 57-65 Drummond St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$8,150,000
09 Feb 2022
Listed for Rent
$6.71k/w
01 Dec 2021
  • 09 Feb 2022
    Sold for $8,150,000
  • 10 Sep 2021
    Listed for Rent - Price not available
  • 28 May 2021
    Listed for Sale Contact Agent | Contact Agent
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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 15,939 properties. Over the last 5 years, Houses in Carlton have seen a -7.45% decrease in median value, while Units have seen a -11.50% decrease. As at 30 April 2026:

  • The median value for Houses in Carlton is $1,525,671 while the median value for Units is $348,541.
  • Houses have a median rent of $864 while Units have a median rent of $560.
There are currently 58 properties listed for sale, and 58 properties listed for rent in Carlton on OnTheHouse. According to Cotality's data, 650 properties were sold in the past 12 months in Carlton.

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© 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
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