156/800 Swanston StreetCarlton VIC 3053
Property Details for 156/800 Swanston St, Carlton
156/800 Swanston St, Carlton is a 1 bedroom, 1 bathroom Apartment. The property has a floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Apartment sold in Carlton in the last 12 months.
Last Listing description (September 2024)
Conveniently situated opposite University of Melbourne and a short stroll to the tram for the CBD and RMIT, this spacious 1-bedroom plus study apartment offers a high-yield set-and-forget addition to an investment portfolio (offering 6.5% net yield approx.) or an attractive live-in opportunity for student owner-occupiers.
Generously sized at 54sqm with a large bedroom suitable for both dual or single occupancy, expect high yields compared to the smaller one-bedroom or studio apartments more commonly found in the building. The large apartment is highly liveable, coming fully furnished and having a full-sized kitchen with island bench, enclosed study, and large bathroom.
800 Swanston Street enjoys its Carlton location with shops, cafes, and a Woolworths just a stone's throw away on bustling Lygon Street. The building includes 24-hour on-site security and reception, gym, and communal study rooms and recreational spaces which foster a thriving student community.
With 100% occupancy in the building and property management by Unilodge, investors can expect turn-key convenience.
Currently leased for $2,138/pcm until end January 2025; expect hassle-free return on investment ready to take over and keep tenanted, or an ideal home for student owner-occupiers to enjoy from Semester 1 2025.
Contact agent for inspections.
Property History for 156/800 Swanston St, Carlton, VIC 3053
- 28 Sep 2024Sold for $207,000
- 01 Aug 2024Listed for Sale $230,000-$250,000
- 27 Dec 2019Sold for $245,000
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0About 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 15,590 properties. Over the last 5 years, Houses in Carlton have seen a 13.97% increase in median value, while Units have seen a -6.43% decrease. As at 31 October 2024:
- The median value for Houses in Carlton is $1,563,572 while the median value for Units is $365,938.
- Houses have a median rent of $650 while Units have a median rent of $520.
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