OFF MARKET

1090-1092 Lygon Street
Carlton North VIC 3054

Bedrooms: 8
Bathrooms: 6
Car spaces: 9
Land area: 612m2
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Property Details for 1090-1092 Lygon St, Carlton North

1090-1092 Lygon St, Carlton North is a 8 bedroom, 6 bathroom Unit with 9 parking spaces and was built in 1970. The property has a land size of 612m2. While the property is not currently for sale or for rent, it was last sold in April 2011.

Building Type
Unit
Year Built
1970
Land Size
612m2
Local Government
Yarra
Lot/Plan
1/LP36212

Last Listing description (November 2023)

* Approved plans and permit for an additional eight townhouses (STCA)
* Land area:612sqm (approx.) with a 12.3m frontage and a 50.1m depth
* Rear R.O.W access

* Offered with a steady rental income from six apartments all leased

This boutique block of six apartments represents a strategic investment stake in an inner-city precinct of significant appeal.

Located within walking distance of Rathdowne Village, cafes, shops, Curtain Square Princes Park, Melbourne University and Public transport, this property combines convenience and lifestyle in a blue-chip locale.

The block consists of four one-bedroom apartments and two two-bedroom apartments, all currently leased. The generous land size of 612sqm (approx.) with a 12.3m frontage and a 50.1m depth, offering with Approved Plans for Eight Townhouses (STCA) , gives you the freedom to enjoy the rental returns or explore the possibilities of re-developing the site (STCA) to maximise your investment.

Property History for 1090-1092 Lygon St, Carlton North, VIC 3054

A timeline of how this property has performed in the market
Last Sold
$2,405,000
06 Apr 2011
Listed for Rent
$240/w
24 May 2012
  • 20 Sep 2023
    Listed for Sale 2800000
  • 14 Apr 2012
    Listed for Rent - Price not available
  • 06 Apr 2011
    Sold for $2,405,000
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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% of total area. The population of Carlton North in 2011 was 6,219 people. By 2016 the population was 6,277 showing a population growth of 0.9% 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 2011, 45.3% of the homes in Carlton North were owner-occupied compared with 45.5% in 2016.

Carlton North has 3,591 properties. Over the last 5 years, Houses in Carlton North have seen a 6.61% increase in median value, while Units have seen a 22.27% increase. As at 31 October 2024:

  • The median value for Houses in Carlton North is $1,645,294 while the median value for Units is $762,605.
  • Houses have a median rent of $780 while Units have a median rent of $580.
There are currently 6 properties listed for sale, and 5 properties listed for rent in Carlton north on OnTheHouse. According to CoreLogic's data, 127 properties were sold in the past 12 months in Carlton north.

Suburb Insights for Carlton North 3054

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.