Buyers advocate · Carlton North

Buyers Agent in Carlton North, on your side only.

Carlton North is wide streets of Victorian and Edwardian terraces around the Rathdowne Village. Heritage controls cover much of it, so the right buy comes down to condition, frontage and layout.
★ 4.9 rated on GoogleIndependent, buyer-onlyOne fixed fee, agreed upfront
1 in 2Bought off-market
47Days on average
50+Years combined
REIV memberREBAA accredited memberPIPA memberREIV Awards 2024 finalist
Carlton North at a glance

Carlton North: Terraces, Trams and Tightly Held Streets

Carlton North runs from Princes Street and the Melbourne General Cemetery north to Park Street, between Royal Parade and Nicholson Street. Residential subdivision began in the late 1860s, and the streets are lined with brick Victorian and Edwardian terraces, many attached or semi-detached, with a handful of grand double-fronted homes around Curtain Square. Much of the suburb sits under heritage overlays, and it is split between the City of Melbourne and the City of Yarra, so planning rules depend on which side of the boundary you buy.

The median house price is around $1.4 million (REIV, March quarter 2026). There is no train station, but trams run along Royal Parade, Lygon Street and Nicholson Street, and the Capital City Trail follows the old Inner Circle rail line. A Carlton North buyers agent earns their keep on the details: frontage, light, rear access and what renovation is realistically possible.

Carlton North market snapshot

  • Median house price: $1.4 million
  • Auction clearance rate: 80%
  • Average days on market (houses): 47
  • Median weekly rent (house): $850
  • Gross rental yield (houses): 2.7%
  • Source: REIV, March quarter 2026
How it works

How we buy in Carlton North

01

Free strategy call

Thirty minutes on your brief, your budget and the streets and property types that genuinely fit it. No obligation.

02

Search on and off market

We inspect, shortlist and run the due diligence, including homes that sell quietly and never reach the portals.

03

Negotiate or bid, then settle

We set the price strategy, negotiate or bid on your behalf, and manage the contract through to settlement.

Book a free strategy callOne fixed fee, agreed upfront. We act only for the buyer, never the vendor.
Lou LihariFormer selling agent and auctioneer. Leads negotiation and bidding for our clients.
Before you inspect

Why Carlton North Terraces Are Harder to Value Than They Look

Two terraces on the same Carlton North street can differ markedly in value. Frontage width, a single or double front, north light to the rear, a lane for parking and whether the side walls are shared all move the price. Heritage overlays limit what you can change at the front and how prominent an addition can be, so a buyer counting on a second storey should test that idea with a planner first.

Older terraces also bring rising damp, bluestone footings, party wall questions and earlier renovations done without permits. Homes on the Nicholson Street and Princes Street edges carry more traffic and usually sell for less, which can be fine if the price reflects it. Rathdowne Village and Curtain Square pull buyers hardest, and good homes there rarely last.

Considering Carlton North? Send us the terraces on your list and we will tell you which ones are worth chasing.
Local knowledge

Buying in Carlton North: a local view

Premium pockets

The streets around Curtain Square and the Rathdowne Village.

Quieter pockets to weigh up

Princes Street, Nicholson Street and the busier edges.

Hardest stock to secure

A grand double-fronted terrace near Curtain Square.

A common buyer mistake

Overpaying near the Lygon and Nicholson Street fringe for the Carlton North name.

Life in Carlton North

Rathdowne Village, Curtain Square and Princes Park nearby.

School zones in Carlton North

Princes Hill Primary and Princes Hill Secondary College are sought-after government options. Confirm zoning at findmyschool.vic.gov.au.

If Carlton North is out of reach: Brunswick East or Princes Hill.

Thinking of buying in Carlton North?

We take on a limited number of clients at a time, so every brief gets a director’s full attention. Book a free, no-obligation strategy call and we will map out your Carlton North search together.

Book a free strategy call

Buying in Carlton North: What We Watch For

Much of Carlton North’s best stock never reaches a full public campaign. Owners in the Curtain Square and Rathdowne Village streets often sell to someone who has already been in touch, and buyers who rely only on the portals see what is left. When a terrace does come up, we look past the styling to the bones: width, the depth of the block, where the light falls, and whether a rear lane allows parking or a studio. We also check how the home sits against its neighbours, because an attached terrace shares both walls and maintenance decisions. Single-fronted terraces near the busier edges are more plentiful and can be good value, while wide double-fronted homes near the parks are scarce and bring out the strongest competition. Getting that comparison right is usually where the value is won.

Posted on Google Google
Federica Caldaroni profile picture
Federica Caldaroni
7 days ago
Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
I was flat out with work and had neither the time nor the resources to house hunt, and not being local made the Melbourne market hard to understand. Lou and Alana were incredibly professional and took care of every single detail, making the whole process smooth and stress-free. They found my home in just 11 days! I'd wholeheartedly recommend LP Advisory to friends and family who want to actually enjoy finding their perfect place.
Posted on Google Google
Jac Bowie profile picture
Jac Bowie
10 days ago
Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
I can’t recommend Lou and Alana from LP Advisory highly enough! They helped me secure my dream Melbourne apartment and, along the way, educated me on the property market, Melbourne suburbs and making smart investment decisions. Their knowledge, professionalism and genuine care made the entire experience fantastic. I’ll absolutely be using them for future purchases and recommending them to everyone I know. Couldn’t be happier!
Posted on Google Google
Connie Caligiuri profile picture
Connie Caligiuri
38 days ago
Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
Lou was extremely helpful, professional, personable and knowledgeable from the get go. He was responsive throughout the process and gave us the confidence we needed to make informed decisions. My partner and I can’t recommend Lou’s services enough! Thank you Lou!
Posted on Google Google
Stephanie Evans profile picture
Stephanie Evans
39 days ago
Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
Have dealt with LP Advisory on many occasion being a real estate agent in the Port Phillip area. I have to say Lou is always extremely easy and no fuss to deal with, always having the best intentions for their clients. Lou recently purchased a property through us pre market in South Melbourne. Within 48 hours, his client had viewed, a building inspection had been conducted and we had negotiated with the owner and come to an agreeable price. Happy clients all round so thank you. Steph Evans - Marshall White.
Posted on Google Google
Kirrily Graham profile picture
Kirrily Graham
40 days ago
Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
The team at LP Advisory are an absolute delight to work with. They have incredible experience, local knowledge and expansive network in the industry. They provide an impeccable service and I was so impressed with their promptness and level of communication. Thanks Lou and Alana, it is a pleasure to work with you!
Posted on Google Google
Tashi Dorjee profile picture
Tashi Dorjee
41 days ago
Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
Genuine, easy to trust , real world market advice. Can't recommend him enough
Posted on Google Google
Hayley Vo profile picture
Hayley Vo
46 days ago
Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
I’ve had the pleasure of working with Lou on a number of property matters, and one thing that really stands out is the level of care and attention to detail he puts into the property search for his clients. Lou is extremely knowledgeable. He is always asking questions, clarifying details and making sure he has a thorough understanding of the property so he can properly guide and assist his clients. From a conveyancer’s perspective, it’s really lovely to see the amount of care he takes behind the scenes to ensure his clients are making informed decisions and purchasing the right property for them. I would happily recommend him to anyone looking for an experienced, knowledgeable and genuinely caring buyer’s advocate.
Posted on Google Google
Dominic Monaco profile picture
Dominic Monaco
79 days ago
Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
I've had the pleasure of getting to know Lou and Alana from LP Advisory and wouldn't hesitate to recommend them. They genuinely put their clients first and are committed to helping buyers make informed property decisions. Their knowledge of the Melbourne market, professionalism and attention to detail are evident in everything they do. They're approachable, honest, responsive and clearly passionate about achieving the best possible outcome for their clients. I have every confidence recommending LP Advisory to anyone looking for a trusted buyer's advocate.
Posted on Google Google
James Miller profile picture
James Miller
85 days ago
Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
There are not enough superlatives for what a wonderful job Lou and Alana have done. Looking for a home is stressful enough, especially when you add in the fact I am move interstate, however the LP Advisory team took all the difficult work out of it. I am extremely happy with the service and care I have received, which obviously ranged from sourcing appropriate inspections based on my preferences, then through going to them, giving me amazing advice and suggestions. They are both very professional, very kind and very efficient. Thank you both so very much. I am beyond appreciative and I could not recommend their services enough. If anyone is looking, please look into Lou and Alana. Thanks :)
Posted on Google Google
Erin Richardson profile picture
Erin Richardson
85 days ago
Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
I could not recommend Lou, Alana and the LP Advisory Team more highly. They are absolutely the real deal in terms of their local knowledge, price guidance and relationships - it is almost an unfair advantage if you have them on your team. I recently was able to purchase a home far better than anything I would have dreamed of due to the strength of their relationships and negotiating advice. At no point did I ever feel pressured to look at homes which I felt were off brief - they would send me video tours of homes before I even stepped in to make sure that it was only for the highest and best potential homes that I was investing my time. I wasn't fighting with the regular weekend crowds but had the opportunity to view when it suited me. And more than that, I was able to be candid and open in my feedback which was clearly taken back on board and reflected back in the shortlist that was presented back to me. As a business owner making a significant purchase, their commercial nous was unbelievable as was their integrity (they earned their fee four times over) and I feel incredibly fortunate to have worked with them. I was actually recommended them by one of the local Port Melbourne/Albert Park agents who probably regrets introducing us now!
Your team

Buying a Carlton North Terrace With LP Advisory

Good Carlton North terraces near Rathdowne Village and Curtain Square often sell to buyers who heard about them early, which is where Sharyn’s off-market relationships earn their place. Alana reads each heritage overlay, building report and title with care, including shared walls, rights of way along rear lanes and past permit history. When the home goes to auction, Lou bids for you with the composure of someone who has called auctions himself, and with houses averaging 47 days on market he also knows when a slower campaign leaves room to negotiate. We work for buyers only, on a fixed fee, so you get a straight opinion on whether the terrace is worth the money.

Lou Lihari

Director · Lead buyers agent

Former selling agent and auctioneer. Negotiates and bids for you.

Alana Prideaux

Director of Operations · Licensed agent

Runs due diligence: contracts, Section 32, overlays and building reports.

Sharyn Prideaux

Off-market specialist

Finds the homes that sell quietly, before they reach the portals.

Questions

Buying in Carlton North: Common Questions

Which part of Carlton North is most sought after?
The streets around Curtain Square and Rathdowne Village are usually the most sought after in Carlton North. They combine wide, tree-lined streets, period terraces and a short walk to cafes and shops. Homes near the Nicholson Street and Princes Street edges, or backing onto busier roads, tend to sell for less and can suit buyers trading some amenity for value.
Often you can, but heritage overlays across much of Carlton North shape how and where. Councils typically want additions set back so they are not prominent from the street. Because the suburb is split between the City of Melbourne and the City of Yarra, check which council controls your address and get advice from a planner or architect before you bid.
Carlton North Primary School on Lee Street and Princes Hill Primary are the main government primary options, and Princes Hill Secondary College is the local government secondary school. Zones change, so confirm any address at findmyschool.vic.gov.au. Families also value the walk to Princes Park and the cycling route along the Capital City Trail.
Carlton North and Fitzroy North share a similar mix of Victorian terraces and heritage streetscapes, with Nicholson Street dividing them. Carlton North has Rathdowne Village, Princes Park and closer access to the University of Melbourne, while Fitzroy North has Edinburgh Gardens and the St Georges Road corridor. Price differences are often street-specific, so compare individual homes rather than suburb medians.
Carlton North suits investors who prioritise land value and tenant quality over yield. Houses return a gross rental yield of around 2.7% on a median weekly rent of $850 (REIV, March quarter 2026). Proximity to the university, the Parkville hospitals and the CBD supports steady rental demand, and heritage controls limit new supply, which has historically helped long-term value.
Rising damp, ageing roofs, bluestone footings and old wiring are common in Carlton North’s Victorian terraces. Budget for a thorough building and pest inspection, and check whether earlier extensions had permits. Shared party walls and rear lane access can also raise legal questions. These issues rarely kill a deal, but they should be reflected in what you offer.
Free 30-minute call

Buying in Carlton North?

Talk to us before your next inspection or auction. You will come away with a clear view on price, competition and your best next step.

Also buying nearby

How we can help

We act for owner occupiers buying a home to live in, as well as first home buyers, families upsizing, downsizers and property investors.

Some homes change hands before they are ever advertised, so we search off-market property as well as listings. If it goes to auction, we can bid for you. Not sure about the building? Start with a pre-purchase property report.

Moving from interstate or overseas? We run the search and inspections for buyers who are not in Melbourne. Buying for business or super? See our commercial property buyers advocate service.

Selling instead? Our vendor advocates help you pick the right agent and campaign.

Have An Enquiry?
Contact Us

Please fill out the form above, and one of our team members will be in touch with you shortly to discuss your request.

If you would like to book an appointment with us instead, please click the button below to schedule a time with us.

This field is for validation purposes and should be left unchanged.
Name(Required)
I'm looking to
Logo Dark

Independent property advice you can trust.

  • ✓  50+ years combined experience
  • ✓  REIV, REBAA & PIPA accredited
  • ✓  50% of purchases secured off-market
  • ✓  Average 47 days to purchase
  • ✓  Boutique, senior-led team

Buy with independent property advice.

Whether you are buying a home or investment, we help you assess value, reduce risk and negotiate with confidence before you make a move.

Off-market access

Pre-market and off-market opportunities through established agent relationships.

Avoid overpaying

Comparable sales, pricing analysis and negotiation strategy before you act.

Clear buying strategy

Suburb and property guidance tailored to your goals, budget and timeframe.

Licensed agent insight

Guidance from licensed estate agents with campaign and negotiation expertise.

Not ready to book? Send us your enquiry