1018 Lygon StreetCarlton North VIC 3054
Property Details for 1018 Lygon St, Carlton North
Last Listing description (August 2026)
Positioned in the heart of vibrant Carlton North, 1018 Lygon Street presents a rare opportunity to secure a high-exposure freehold in one of Melbourne's most tightly held inner-city strips. This solid brick property offers approximately 220m of building area on a 110m site, combining retail and residential appeal with outstanding investment potential. Boasting charming character features throughout, the property includes a residence with access to a rooftop garden, creating a unique lifestyle offering rarely found in such a prime location. With potential for dual income streams from both the retail and residential components, investors can capitalise on strong demand in this thriving precinct. Located just 10 minutes from the Melbourne CBD, the property benefits from constant foot and vehicle traffic along Lygon Street, surrounded by popular cafs, restaurants, and established local amenities.
Features Include;
* Freehold property both residential and commercial retail
* Approx. 220m building area
* Approx. 110m land holding
* Mixed-use retail and residential opportunity
* Rooftop garden with lifestyle appeal
* Strong dual-income potential
* High exposure main road frontage
* Solid brick construction
* Only 10 minutes to Melbourne CBD
Secure a blue-chip freehold with income and upside-enquire today!
Property History for 1018 Lygon St, Carlton North, VIC 3054
- 10 Apr 2026Listed for Sale $1,250,000 Negotiable
- 10 May 2021Listed for Sale $1,850,000
- 20 Aug 2019Listed for Sale Not Disclosed
Recent sales nearby
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About Carlton North 3054
The size of Carlton North is approximately 1.9 square kilometres. There are 9 parks, covering nearly 26.0% of the total area. The population of Carlton North in 2016 was 6300 people. By 2021 the population was 6177 showing a population decline of 2.0% in the area during that time. The predominant age group in Carlton North is 20-29 years. Households in Carlton North are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Carlton North work in a professional occupation.In 2021, 47.40% of the homes in Carlton North were owner-occupied compared with 45.50% in 2016.
Carlton North has 3,635 properties. Over the last 5 years, Houses in Carlton North have seen a -6.68% decrease in median value, while Units have seen a 2.92% increase. As at 31 July 2026:
- The median value for Houses in Carlton North is $1,660,187 while the median value for Units is $753,615.
- Houses have a median rent of $850 while Units have a median rent of $600.
Suburb Insights for Carlton North 3054
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