Carlton's $207,000 apartment median

Carlton's $207,000 apartment median
Carlton's $207,000 apartment median

Despite a median house price of $706,000 and apartment price of $545,500, many of Melbourne’s desirable suburbs boast homes at $200,000-plus, the REIV pinpointing the inner north and south of the city.

Melbourne’s most affordable one-bedroom apartments are located in Carlton – which recorded a June median price of $207,750.

Carnegie, in Melbourne’s south-east, delivered a median for similar sized apartments of $292,500.

“Affordable property around Melbourne is not restricted to the outer suburbs," REIV chief Enzo Raimondo said. 

"Apartments allow first home buyers to get a foothold on the property ladder, especially in highly sought after areas such as Carlton,” he said. 

Realestateview.com.au sales show a strong student accommodation presence.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

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Houses Median Price

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