OFF MARKET

1114/555 Swanston Street
Carlton VIC 3053

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 52m2
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Property Details for 1114/555 Swanston St, Carlton

1114/555 Swanston St, Carlton is a 2 bedroom, 1 bathroom Unit and was built in 2015. The property has a floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
2015
Floor Size
52m2
Local Government
Melbourne
Lot/Plan
1114/PS643901

Last Listing description (December 2023)

Are you ready to experience the epitome of urban living? Look no further! Nestled in the beating heart of Melbourne's vibrant Central Business District, this exceptional 2-bedroom unit is more than just a residence; it's a golden opportunity for students, investors, and first-home buyers alike. Welcome to a world of convenience, luxury, and endless possibilities!

2 Bedrooms, Limitless Potential
Step inside this thoughtfully designed unit that boasts two generous bedrooms. Whether you're a student seeking a comfortable study haven, an investor looking for a high-demand rental property, or a first-home buyer ready to embark on your homeownership journey, this space is tailored to meet your every need. Imagine waking up to stunning city views and retreating to your private oasis at the end of the day. This is where comfort meets style!

Unbeatable Location
Location, location, location! Situated right next door to RMIT University, this unit offers unparalleled convenience for students. Say goodbye to long commutes and hello to more time for studying, exploring, and enjoying the city's vibrant culture. For investors, this prime location guarantees a steady stream of tenants eager to reside in the heart of Melbourne. And if you're a first-home buyer, this is your chance to secure a central piece of Melbourne's real estate while enjoying the ultimate city lifestyle.

Walkable Wonders
Imagine strolling to your classes, cafes, world-class restaurants, shopping hubs, and entertainment venues-all within arm's reach. With a Walk Score that's off the charts, every convenience is at your doorstep. Explore the iconic laneways, immerse yourself in cultural hotspots, and unwind in lush parks, all without the hassle of lengthy commutes. This is the Melbourne experience you've been waiting for.

Investor's Dream
Invest with confidence! Melbourne's CBD is a hotspot for rental demand, and with RMIT and Melbourne Universities next door, your investment is poised for success. Capture the attention of students seeking convenient and comfortable living arrangements. Enjoy high occupancy rates and a steady rental income that promises excellent returns. It's time to let your money work for you in the city's most sought-after location.

This won't last long, contact Alexander to secure your inspection!

Property History for 1114/555 Swanston St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$420,000
21 Sep 2023
  • 21 Sep 2023
    Sold for $420,000
  • 05 Sep 2023
    Listed for Sale $410,000 to $440,000
  • 26 Feb 2021
    Listed for Sale Asking $410,000
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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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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.