Carlton North is a vibrant inner-city suburb of Melbourne located just north of the CBD. Known for its rich cultural heritage and diverse community, this suburb offers a unique blend of leafy streets, historic architecture, and contemporary living. Carlton North provides an attractive choice for families, professionals, and students alike, with its excellent public transport, proximity to amenities, and lively cultural scene. This article delves into the best residential areas in Carlton North, highlighting their distinct characteristics, housing options, and average prices.
Table of Contents
Lygon Street

(Image for illustration purposes only.)
Lygon Street is the bustling heart of Carlton North, famous for its array of cafes, restaurants, and cultural experiences. The lively ambiance and accessibility make it a prime location for those who enjoy an active urban lifestyle.
Characteristics of the Lygon Street
* Culture: Rich Italian heritage, vibrant dining scene
* Transportation: Extensive tram network, walking distance to the CBD
* Services: Supermarkets, boutiques, medical facilities, and banks
* Environment: Lively and cosmopolitan
Housing Options in the Lygon Street
Victorian terrace houses, modern apartments, townhouses
Average Home Prices in the Lygon Street
* Buying: $1,000,000 – $1,500,000
* Renting: $1,800 – $2,500/month
Princes Hill

(Image for illustration purposes only.)
Princes Hill is renowned for its attractive parklands and family-friendly environment. It offers a quieter lifestyle while remaining close to the vibrant city, making it suitable for families and long-term residents.
Characteristics of the Princes Hill
* Culture: Community-focused, appreciation for nature
* Transportation: Tram services and nearby train station
* Services: Local schools, parks, community centres
* Environment: Quiet and family-oriented
Housing Options in the Princes Hill
Edwardian homes, charming flats, spacious units
Average Home Prices in the Princes Hill
* Buying: $1,200,000 – $1,800,000
* Renting: $1,900 – $2,700/month
Rathdowne Village

(Image for illustration purposes only.)
Rathdowne Village is a thriving hub known for its eclectic mix of boutique shops, cafes, and artisan bakeries. This intimate village atmosphere attracts those seeking a sense of community and local charm.
Characteristics of the Rathdowne Village
* Culture: Artisan and boutique culture, community events
* Transportation: Walking distance to tram lines and nearby bus routes
* Services: Specialty shops, supermarkets, and bakeries
* Environment: Friendly and artistic
Housing Options in the Rathdowne Village
Heritage homes, modern apartments, and townhouses
Average Home Prices in the Rathdowne Village
* Buying: $900,000 – $1,400,000
* Renting: $1,600 – $2,300/month
Carlton Gardens

(Image for illustration purposes only.)
Carlton Gardens offers a peaceful retreat with its stunning parklands and gardens. This area is perfect for nature lovers and those who wish to live amidst beautiful landscapes while still being close to the city's amenities.
Characteristics of the Carlton Gardens
* Culture: Focus on outdoor lifestyle, cultural events in the park
* Transportation: Accessible by trams and close to Melbourne's bike paths
* Services: Community spaces, close to the Melbourne Museum
* Environment: Serene and picturesque
Housing Options in the Carlton Gardens
Art deco apartments, modern houses, and family homes
Average Home Prices in the Carlton Gardens
* Buying: $1,200,000 – $1,800,000
* Renting: $1,900 – $2,600/month
North Carlton

(Image for illustration purposes only.)
North Carlton features a mix of heritage charm and contemporary living. The streets are lined with historic buildings and modern developments, making it a popular choice among renters and buyers alike.
Characteristics of the North Carlton
* Culture: Eclectic mix of old and new, vibrant local community
* Transportation: Tram services to the CBD and surrounding suburbs
* Services: Local markets, schools, cafes, and parks
* Environment: Diverse and dynamic
Housing Options in the North Carlton
Victorian homes, contemporary apartments, shared flats
Average Home Prices in the North Carlton
* Buying: $950,000 – $1,500,000
* Renting: $1,700 – $2,400/month
Canning Street

(Image for illustration purposes only.)
Canning Street is highlighted for its iconic tree-lined avenues and blend of residential and commercial properties. It’s perfect for those who appreciate a lively urban environment with access to excellent amenities.
Characteristics of the Canning Street
* Culture: Urban lifestyle with a suburban feel
* Transportation: Well-served by tram and bus routes
* Services: Diverse dining options, shopping, and recreational facilities
* Environment: Vibrant and culturally rich
Housing Options in the Canning Street
Modern apartments, townhouses, and classic homes
Average Home Prices in the Canning Street
* Buying: $850,000 – $1,300,000
* Renting: $1,600 – $2,200/month
Frequently Asked Questions About the Best Residential Areas in Carlton North:
The best residential areas in Carlton North include Lygon Street, Princes Hill, Rathdowne Village, Carlton Gardens, North Carlton, and Canning Street.
Princes Hill is known for its quiet and family-oriented environment, making it ideal for families.
Lygon Street is famous for its diverse dining scene, particularly Italian cuisine.
Carlton North offers a range of housing options, including Victorian terrace houses, modern apartments, townhouses, and flats.
Carlton North is well-connected by trams and buses, providing easy access to the CBD and surrounding suburbs.
The rental market in Carlton North is competitive, with prices varying based on the location and type of property.
Yes, Carlton North has several parks and recreational facilities, including Carlton Gardens and local playgrounds.
Yes, Carlton North is known for its multicultural community, with influences from various cultures, particularly Italian.
The average property price in Carlton North ranges from $850,000 to $1,800,000, depending on the area and type of property.
Rathdowne Village is known for its strong community vibe, hosting regular events and fostering local businesses.
Conclusion on the Best Residential Areas in Carlton North:
Carlton North offers a diverse array of living environments, each with its unique charm and advantages. From the vibrant atmosphere of Lygon Street to the tranquil settings of Carlton Gardens, residents can enjoy an exciting blend of culture, history, and natural beauty. Whether you're a family looking for spacious homes, professionals seeking vibrant urban living, or students desiring close proximity to educational institutions, Carlton North delivers a range of options to suit your lifestyle. With excellent public transport, a strong sense of community, and a multitude of amenities at your convenience, choosing to live in Carlton North equates to selecting a fulfilled and enriching urban experience.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.