Carlton

VIC 3053

Carlton is an inner Melbourne suburb in the City of Melbourne, about 1 kilometre from the Melbourne CBD. Lygon Street is the commercial centre, a distinctive trading strip known for Little Italy, restaurants, cafes, specialist retail and Victorian architecture. Swanston Street provides tram access to the University of Melbourne and RMIT, while Carlton Gardens and the Royal Exhibition Building form major landmarks.

Carlton is an office and consulting market, with office suites and floors and medical or consulting suites suited to a dense inner-city and university-adjacent setting. Fitzroy, Melbourne and East Melbourne are useful nearby comparisons.

75

Active lease listings

commercial properties

$55,000

Median annual rent

asking rent across all listings

173

Median days on market

across all active listings

Lease rate trend

$459/m² p.a.

Median advertised rate

Up 17.0%

Change over 12 months

$412202420252026$468$356Jan 2023Sept 2026

Indicative only: advertised rates across all commercial listing types and sizes in Carlton. Drill down to individual listings in MarketBuddy

Listings by sector

32

Offices

active lease listings

27

Medical / Consulting

active lease listings

10

Retail and Shops

active lease listings

2

Hotel and Leisure

active lease listings

2

Other

active lease listings

1

Industrial, Warehouse and Factories

active lease listing

1

Land and Developments

active lease listing

Want to know more?

Explore commercial property insights for Carlton in MarketBuddy.

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Last updated 5 September 2026