OFF MARKET

16/540 Swanston Street
Carlton VIC 3053

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
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Property Details for 16/540 Swanston St, Carlton

16/540 Swanston St, Carlton is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
2001
Floor Size
86m2
Local Government
Melbourne
Lot/Plan
16/PS431413

Last Listing description (August 2023)

Wonderful opportunity for smart investors, first home buyers and downsizers to secure this 2 bedroom apartment on the fringe of the CBD, right in the centre of Carlton's university district and minutes away from Lygon Street's Cafes.

Well-zoned for natural light, showcasing style and elegance, the property boasts stunning floorboards throughout. Extensive open plan living and dining zones highlight a superb updated kitchen enhanced with stainless steel oven and gas cooktop. The sizable meals area leads out onto a large private balcony perfect for entertaining all year round.

The 2 generous sized bedrooms offer built-in-robes to the second bedroom and a large walk-in-robe in the master bedroom. The central bathroom provides a separate bath and shower. Other features of the property include separate WC, split system air conditioner, European laundry, lift access, intercom, security entry and secure remote garage car space.

With its prominent central location, this apartment is within a short stroll to a vast array of amenities: Lygon Street restaurants and cafes, Melbourne Central's cinemas and shops, Queen Victoria market, City Baths, Carlton Gardens, RMIT and Melbourne University. The tram stop outside your front door heads straight into the heart of the CBD, and services 8 different tram routes. Zoned to Carlton Gardens Primary School and University High School.

Property History for 16/540 Swanston St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$630,000
14 Jun 2023
  • 14 Jun 2023
    Sold for $630,000
  • 23 May 2023
    Listed for Sale Contact Agent
  • 12 Apr 2000
    Sold for $240,000

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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.
There are currently 59 properties listed for sale, and 107 properties listed for rent in Carlton on OnTheHouse. According to CoreLogic's data, 509 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.