587 Rathdowne Street, Carlton North, VIC 3054 | Property Value & History | OnTheHouse
FOR SALE

587 Rathdowne Street
Carlton North VIC 3054

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 112m2
Land area: 173m2
This property is currently on the market
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Property Details for 587 Rathdowne St, Carlton North

587 Rathdowne St, Carlton North is a 2 bedroom, 1 bathroom House and was built in 1880. The property has a land size of 173m2 and floor size of 112m2.This Property is currently listed for sale with Woodards Ascot Vale

Building Type
House
Year Built
1880
Floor Size
112m2
Land Size
173m2
Local Government
Yarra
Lot/Plan
1/PS833454

Last Listing description (February 2026)

Step inside this beautifully presented home where timeless character meets contemporary comfort. Designed for effortless inner-city living, it offers two generously proportioned bedrooms, a stylish central bathroom, and light-filled open spaces that seamlessly connect indoors and out.

A charming entry hall draws you through to the heart of the home, a thoughtfully designed kitchen featuring a striking stone island, integrated fridge, dishwasher, pantry, and ample storage. This space flows naturally into the open living and dining area, where expansive glass bifold doors open onto a private entertainers courtyard. With laneway access and a tranquil setting, the courtyard is ideal for alfresco dining, weekend gatherings, or unwinding at the end of the day.

Both bedrooms are impressively sized and rich in character, showcasing ornamental fireplaces, soaring ceilings, and extensive built-in storage. Plush carpet and oversized windows create calm, light-filled retreats, while period detailing adds warmth and charm. The combined bathroom and laundry is sleekly finished with floor-to-ceiling tiling and a rain-style shower, blending practicality with modern design.

Further highlights include multiple fireplaces, air conditioning, and an inviting front porch that enhances the homes street appeal.

Perfectly positioned, this address places you moments from the vibrant offerings of Nicholson and Brunswick Streets, with cafs, restaurants, boutiques, and everyday conveniences all close at hand. Excellent tram connections provide easy access throughout the city, while nearby green spaces such as Edinburgh Gardens, Princes Park, and Royal Park offer a welcome escape. With the University of Melbourne and the CBD within easy reach, this home delivers a rare combination of classic elegance and a truly enviable urban lifestyle.

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.

Property History for 587 Rathdowne St, Carlton North, VIC 3054

A timeline of how this property has performed in the market
Listed for Rent
$770/w
31 Mar 2023
  • 16 Jan 2026
    Listed for Sale $1,880,000 - $1,950,000
  • 24 Jan 2024
    Listed for Rent $880 / week
  • 15 Jun 2022
    Listed for Rent $770 / week
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About Carlton North 3054

The size of Carlton North is approximately 1.9 square kilometres. It has 9 parks covering nearly 26.0% of 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 12.52% increase in median value, while Units have seen a 17.87% increase. As at 31 December 2025:

  • The median value for Houses in Carlton North is $1,683,135 while the median value for Units is $836,840.
  • Houses have a median rent of $825 while Units have a median rent of $625.
There are currently 11 properties listed for sale, and 3 properties listed for rent in Carlton north on OnTheHouse. According to Cotality's data, 152 properties were sold in the past 12 months in Carlton north.

Suburb Insights for Carlton North 3054

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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.