LEVEL 1-2/224 Faraday Street, Carlton, VIC 3053 | Property Value & History | OnTheHouse
OFF MARKET

LEVEL 1-2/224 Faraday Street
Carlton VIC 3053

Bedrooms: -
Bathrooms: -
Car spaces: 1
Land area: 674m2
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Last updated 19 Jan 2026
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Property Details for Level 1-2/224 Faraday St, Carlton

Level 1-2/224 Faraday St, Carlton is a bedroom, bathroom House with 1 parking spaces. The property has a land size of 674m2.

Building Type
House
Land Size
674m2
Local Government
Melbourne
Lot/Plan
1/TP958050

Last Listing description (May 2018)

The iconic King & Godfree gourmet grocery store, positioned in the heart of Melbourne s vibrant Lygon Street precinct is undergoing a major repositioning to create a new commercial and retail hub.
Set on a foundation of heritage and integration of vibrant laneways, retail and commercial office, the new King & Godfree allows locals, workers and visitors the very best of Carlton.
Famous for its Italian heritage, Lygon Street is just 2km s from the centre of the CBD. Affectionately known as Little Italy, Lygon Street has close links to Italy and was built on a foundation rich in Italian heritage and culture which still lives on today.

Colliers International is excited to offer unique and inspiring commercial workspaces for lease:
Key features:
Office tenancies from 400sqm-800sqm (approx)
Suitable for creative/innovative businesses
Rooftop bar
Excellent natural light
Abundance of cafes and restaurants on the doorstep
Close to all forms of public transport
For further information on this exciting and iconic opportunity, contact Matt Cosgrave from Colliers International.
Note: images shown are artists impressions and lifestyle imagery only - these are indicative of the completed project.

Property History for Level 1-2/224 Faraday St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Listed for Rent
09 May 2018
  • 09 May 2018
    Listed for Rent - Price not available
  • 01 Aug 2017
    Listed for Rent - Price not available
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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 16,053 properties. Over the last 5 years, Houses in Carlton have seen a -2.64% decrease in median value, while Units have seen a -10.58% decrease. As at 31 December 2025:

  • The median value for Houses in Carlton is $1,509,181 while the median value for Units is $328,866.
  • Houses have a median rent of $675 while Units have a median rent of $550.
There are currently 64 properties listed for sale, and 100 properties listed for rent in Carlton on OnTheHouse. According to Cotality's data, 651 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.