FOR SALE
$4,200,000 to $4,500,000

1-13/230 Elgin Street
Carlton VIC 3053

Bedrooms: 13
Bathrooms: 13
Car spaces: -
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13 x Studio Apartments for Passive Income!

Here's your chance to acquire a whole block of studio apartments
Strata Titled
CURRENT RETURN: $267,504 p.a (approx)
ZONE: Residential
An attractive, three-level complex will impress.
Each studio contains; balcony or courtyard, open living/kitchen/bedroom, bathroom with laundry fac.
Superbly located on tram line, next to The University of Melbourne precinct and walking distance to Princes Park, Lygon Street and the CBD.
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Property Details for 1-13/230 Elgin St, Carlton

1-13/230 Elgin St, Carlton is a 13 bedroom, 13 bathroom BlockOfUnits. The place is currently for sale with Walshe & Whitelock.

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BlockOfUnits

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About Carlton 3053

The size of Carlton is approximately 1.7 square kilometres. It has 9 parks covering nearly 20.9% of total area. The population of Carlton in 2011 was 13,509 people. By 2016 the population was 18,506 showing a population growth of 37.0% in the area during that time. The predominant age group in Carlton is 20-29 years. Households in Carlton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carlton work in a professional occupation. In 2011, 21.6% of the homes in Carlton were owner-occupied compared with 18.6% in 2016.

Carlton has 15,594 properties. Over the last 5 years, Houses in Carlton have seen a 27.83% increase in median value, while Units have seen a -4.06% decrease. As at 30 September 2024:

  • The median value for Houses in Carlton is $1,665,443 while the median value for Units is $362,750.
  • Houses have a median rent of $675 while Units have a median rent of $515.
There are currently 59 properties listed for sale, and 82 properties listed for rent in Carlton on OnTheHouse. According to CoreLogic's data, 518 properties were sold in the past 12 months in Carlton.

Suburb Insights for Carlton 3053

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Peter Sowersby
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Jane Skinner
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Walshe & Whitelock
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.