5703/570-574 Lygon St, Carlton is a 1 bedroom, 1 bathroom Unit and was built in 2000. The property has a land size of 11351m2. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 1 bedroom Unit sold in Carlton in the last 12 months.
Perfectly positioned along one of Melbournes most celebrated streets, this modern studio apartment presents a smart investment opportunity in the heart of Carlton, surrounded by world-class dining, education and transport options.
Designed for easy, low-maintenance living, the apartment features a practical open-plan layout with carpeted living and sleeping zones, complemented by ceiling fans for everyday comfort. A large window draws in natural light, creating a bright and functional space suited to students or professionals.
The kitchen is well-equipped for daily use, offering a four-burner gas cooktop, tiled flooring and ample storage, while the neatly finished bathroom includes tiled surfaces and a clean, contemporary feel. The layout has been thoughtfully designed to maximise functionality within a compact footprint, making it an efficient and appealing rental proposition.
Set within a modern complex, the apartment benefits from a highly sought-after location that continues to attract strong tenant demand. Lygon Streets famous cafs, restaurants and specialty grocers are right outside your door, while Carlton Gardens, Princes Park and Edinburgh Gardens provide nearby green spaces for recreation and relaxation.
Education is a key highlight, with the University of Melbourne, Monash University Parkville Campus and RMIT University all within walking distance. Excellent public transport is easily accessed via multiple tram and bus routes along Lygon Street, offering direct connections to the CBD and surrounding suburbs. Melbourne Central, Lygon Court and the broader city precinct are also close by.
Offering a prime location, consistent rental appeal and effortless upkeep, this modern Carlton apartment is a compelling investment opportunity in one of Melbournes most tightly held inner-city pockets.
We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.
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 16,056 properties. Over the last 5 years, Houses in Carlton have seen a 2.56% increase in median value, while Units have seen a -14.08% decrease. As at 30 June 2026:
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