Carlton North VIC 3054, Australia
Also written as Unit 4, 172 Princes Street.
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
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They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
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Based on the comparable property evidence currently available.
The unit offers two bedrooms and one bathroom, set on a 1,126 m² land parcel. It includes a single parking space for residents
Several tram stops are within walking distance, including Princes St/Lygon St (about 0.1 km) and Lytton St/Lygon St (around 0.2 km). These provide routes to the city and surrounding suburbs
Princes Park, home to the Princes Park Football Ground, is located in Carlton North and is a short stroll from the unit. The large Melbourne General Cemetery is also within half a kilometre
The main commercial strip along Rathdowne Street, known as Rathdowne Village, is nearby and features a range of cafés, restaurants, boutiques and bookshops. Dancehouse, a contemporary dance venue, is also just 0.1 km away
Tram routes run along Royal Parade (route 19), Lygon Street (routes 1 & 6) and Nicholson Street (route 96), providing direct access to the central business district, which is about 4 km to the south
Carlton North houses the Melbourne General Cemetery, the final resting place of four Australian prime ministers, and the Dancehouse venue on Princes Street. The suburb also features the historic Albanian Mosque, the oldest mosque in Melbourne
The suburb had a population of 6,177 at the 2021 census and is known for a mix of white‑collar professionals, bureaucrats and academics. It has become increasingly gentrified, resulting in higher median property values
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