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Asking Price
$5,500,000 - $5,900,000
On 5,093 properties that later sold, blending providers in narrowed typical error from 6.68% to 5.66%, and lifted the share landing within 10% of the sale price from 66.9% to 73.3%.
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Property overview
This 4-bedroom house at 47 Drummond Street in Carlton, VIC 3053 is listed at $5.5M to $5.9M, with 4 bathrooms and parking for 2. It offers a 274 m2 block. The house was built in 1890. Carlton is about 1.5 km from the CBD. Council data records heritage overlay on the site. There are 123 schools within roughly 5km, and the area scores 97 for walkability and 100 for transit out of 100.
More in Carlton
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- 40 Dorrit StreetHouse · 2 bed · 2 bath$1,200,000 - $1,300,000
- 103/127 Cardigan StreetApartment · 3 bed · 2 bath$2,100,000 - $2,310,000
- 206/488 Swanston StApartment · 2 bed · 1 bath$280,000 - $300,000
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- 208/81 Cemetery Road EastApartment · 2 bed · 2 bath$600,000 - $640,000
A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.
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Based on $5,900,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
- Planning overlay risk
Listed
Updated
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Est. Valuation
$3,246,246
Potential Sell Price
Est. Rent/wk
$1,708
Potential Gross Yield
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Key Highlights
Planning Overlays
Overlays Detected
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
Total Cost to Purchase
- Purchase Price
- $5,900,000
- Stamp Duty (Victoria)
- $363,500
- Transfer/Registration Fee
- $2,500
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $6,268,700
Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.
Listing Details
- Listed
- Last Updated
- Postcode
- 3053
- Original listing
- Original listing is on paid plans
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How accurate are AU property valuations?
Four providers benchmarked against 14,000 sold prices. MAE 6.82% to 11.24%, all biased high.
Where Australian property prices are rising and falling in 2026
Capital growth across 12,000+ tracked suburbs: WA +12%, VIC +3.9%, plus the picture in every other state.
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