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Location

Market Insights for Carlton VIC 3053

New Listings (last 30 days)

Average price

$4,658,333

Lowest price

$1,275,000

Highest price

$7,000,000

57 Cardigan Street, Carlton VIC 3053

EOI $1,500,000 - $1,570,000

Search Band

$1.5M - $1.6M High Confidence Calculated based on strong search observations.

House 4 beds 1 bath

Listed: 23rd May 2026

Updated: 28 days ago

Overview

Situated in a beautifully preserved row of four terraces dating back to the 1890s, this balconied home offers a rare opportunity to own a piece of Melbourne's rich history. The property showcases timeless Victorian architectural elegance combined with significant potential for renovation, making it an exceptional lifestyle prospect.

The striking Italianate facade is distinguished by a unique set of triple arches, setting the tone for the character and charm found throughout the residence. The flexible floorplan includes four spacious bedrooms, with three located on the upper level and one on the lower level, all served by a main bathroom and an additional powder room, providing convenience and functionality.

Living spaces are thoughtfully arranged to include a separate lounge, a versatile living room, a dining area, and an adjoining kitchenette. Additional features include under-stair storage, maximizing the use of space within the home.

Comfort is assured year-round with multiple split-system air conditioners installed throughout the property. The private backyard offers a tranquil outdoor retreat and includes a lock-up motorbike garage accessible via Queensberry Place at the rear, adding to the practicality of the home.

Location is a key highlight, with the property just steps away from the vibrant Lygon Street dining precinct, Melbourne City Baths, State Library Station, and Swanston Street tram routes. It is also conveniently close to educational institutions such as RMIT and Melbourne University, as well as the picturesque Carlton Gardens. Additionally, the Queen Victoria Market and the hospital precincts of Parkville and East Melbourne are within easy reach, ensuring access to a wide range of amenities and services.

This property represents a unique blend of historic charm, spacious living, and an unbeatable inner-city location, offering an outstanding opportunity for buyers seeking a distinctive home with excellent potential.

Local Market Insights

In Carlton, Quiet Listings observed 3 new houses entering the market over the last 30 days, down from 6 during the previous 30-day period, with an average advertised asking price of $4,658,333. The property type mix of listed properties is predominantly Apartments at 84%, followed by houses (16%). The most active agency for houses in the Carlton area is currently Nelson Alexander, representing 33% of new listings, followed by Woodards Real Estate with 33%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.