About this property
Also written as Unit 5801, 570 Lygon Street.
Carlton VIC 3053, Australia
Also written as Unit 5801, 570 Lygon 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.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
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.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Based on the comparable property evidence currently available.
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 11 Aug 2015 | $181,000 | — |
It is a unit located on a 947 m² parcel of land and features a single bathroom. The unit is part of the inner‑city suburb of Carlton, just north of Melbourne’s central business district
Several tram stops are within 0.1 km, including Princes St/Lygon St and Lytton St/Lygon St, providing easy access along Swanston and Lygon Streets. Bus routes also run along Lygon, Elgin and Rathdowne Streets for additional public‑transport options
The unit is situated on Lygon Street, the heart of Melbourne’s Little Italy precinct, famous for its Italian restaurants, cafés, gelaterias and the iconic Readings bookstore. The area also hosts the historic Lygon Buildings and a vibrant café culture dating back to the 1970s
Carlton Gardens, a World Heritage‑listed garden square with the Royal Exhibition Building, lies a short walk away, offering expansive green space and cultural venues. Other nearby garden squares such as Lincoln Square and Argyle Place are also within easy reach
The Queen Elizabeth Maternal and Child Health Centre and the Australian College of Optometry are each about 0.4–0.5 km from the property. The Carlton Library is also within 0.4 km, providing community programs and resources
Carlton has a population of 16,055 (2021 census) with a strong mix of cultures; many residents were born in China, India, Malaysia and other countries. Over 70 % of adults are engaged in tertiary education, reflecting the suburb’s proximity to the University of Melbourne and RMIT
Founded in 1851 during the Victorian gold rush, Carlton hosts heritage sites such as the Royal Exhibition Building, Melbourne Trades Hall and the historic Lygon Buildings from 1888. The suburb’s Victorian‑era garden squares and the famed La Mama Theatre add to its rich cultural legacy
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