LEVEL 2/99 Drummond Street, Carlton, VIC 3053 sold on 11 August 2025 | OnTheHouse
SOLD
Sold on 11 Aug 2025 for $5,275,000

LEVEL 2/99 Drummond Street
Carlton VIC 3053

Bedrooms: 4
Bathrooms: 4
Car spaces: 4
Land area: 361m2
Sold By
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Kay & Burton - Stonnington
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Property Details for Level 2/99 Drummond St, Carlton

Building Type
Commercial
Land Size
361m2
Local Government
Melbourne
Lot/Plan
4/PS320498

Last Listing description (January 2026)

Step into history with this Boom Classic-style terrace, one of just seven built in 1891 by celebrated architect Walter Scott Law. Spanning three stories, this architecturally significant property boasts soaring ceilings, grand proportions, original period detail, and stunning open fireplaces.Set on a generous 361m landholding and internal space of approximately 412m including 10 principal rooms and bluestone cellar. It offers secure rear access and ample car spaces. Ideal for transformation with plans to further enhance the Victorian terrace with renovations and extensions to provide 4/5 bedrooms, basement carpark, and separate studio office at the rear, STCA. This property presents a rare opportunity to own a piece of Melbournes architectural legacy on the edge of the CBD.Viewing by appointment.

Property History for Level 2/99 Drummond St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$5,275,000
11 Aug 2025
Listed for Rent
$25k/w
15 Aug 2023
  • 11 Aug 2025
    Sold for $5,275,000
  • 05 May 2025
    Listed for Sale Sold: Undisclosed
  • 12 Feb 2022
    Sold for $4,900,000
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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 16,050 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 62 properties listed for sale, and 96 properties listed for rent in Carlton on OnTheHouse. According to Cotality's data, 659 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.