114/22 Orr StreetCarlton VIC 3053
Property Details for 114/22 Orr St, Carlton
114/22 Orr St, Carlton is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Apartment sold in Carlton in the last 12 months.
Last Listing description (October 2024)
Situated in the heart of Carlton, this fully furnished student-only apartment offers an incredible investment opportunity or a secure, convenient home for a university-bound student. Set within the prestigious D2 complex, this studio-style unit features modern amenities and a prime location, making it an attractive option for investors or parents looking ahead to the next academic year.
Positioned within walking distance of RMIT University, the University of Melbourne, and the vibrant Lygon Street precinct, this apartment offers unbeatable convenience. You'll enjoy a host of nearby cafes, restaurants, and shops, while easy access to public transport and the iconic State Library only adds to the appeal.
Apartment Features:
- Floor-to-ceiling glass windows with private balcony
- Fully furnished and move-in ready
- Kitchenette with stainless steel microwave, gas cooktop, and fridge
- Reverse-cycle air conditioning for year-round comfort
- Swipe card access for enhanced security
- LCD TV, high-speed internet, and phone connections
- Managed by UniLodge for hassle-free leasing and maintenance
With a current rental income of $1668/calendar month until January 2025, this property offers solid returns and is poised for rental growth with the strong demand for student accommodation. Whether you’re expanding your investment portfolio or securing a place for your child in a sought-after academic precinct, this property offers the perfect blend of convenience and potential.
Contact us today to arrange an inspection and secure this exceptional opportunity in Melbourne’s bustling student housing market.
Property History for 114/22 Orr St, Carlton, VIC 3053
- 13 Oct 2024Sold for $140,000
- 07 Oct 2024Listed for Sale UNDER OFFER
- 15 Jul 2020Sold for $145,000
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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 15,707 properties. Over the last 5 years, Houses in Carlton have seen a 5.40% increase in median value, while Units have seen a -4.41% decrease. As at 30 November 2024:
- The median value for Houses in Carlton is $1,517,687 while the median value for Units is $364,365.
- Houses have a median rent of $650 while Units have a median rent of $525.
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