24 Newry Street, Carlton North VIC 3054

24 Newry Street, Carlton North VIC 3054
3 bed | 2 bath | 2 car | heritage overlay | flood zone | inner north This 1916 house on a 115 m² lot is unusually well-appointed for a period home in Carlton North, offering three bedrooms, two bathrooms, and two off-street car spaces—a configuration that is rare in the suburb’s older terrace stock. The heritage overlay confirms its place in the area’s conservation character, while solar panels, FTTP NBN, and a designer ensuite with freestanding bath and double vanity lift it beyond a standard period renovation. It best serves owner-occupiers seeking a low-land-maintenance family home within walking distance of the city, good school catchments, and established streetscape appeal. The flood overlay may affect insurance costs and restrict certain renovation pathways, while the heritage overlay limits scope for major extensions or external changes. The small land size, at 115 m², might constrain future expansion compared to larger blocks in the area, though the 175 m² floor area suggests efficient use of space. Buyers should weigh these factors against the property’s strong inner-city location and rare off-street parking when forming a view on price.
Detailed Independent Property Report prepared  by PropCred Analyst team for 24 Newry Street, Carlton North VIC 3054
Checks found:
Value Risk ! 1
Liquidity Risk
Planning Risk 2
Income Risk ! 1
Execution Risk ! 1
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Insight: Carlton North VIC 3054

Carlton North is a high-demand inner-northern suburb attracting professionals and families, evidenced by strong auction activity and sales of larger family homes. The market exhibits robust capital growth, particularly for units, supported by competitive clearance rates. Future demand is underpinned by established infrastructure and connectivity, though high price points and limited unit supply present constraints on affordability and market fluidity.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

115m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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