OFF MARKET

161/488 Swanston Street
Carlton VIC 3053

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 33m2
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Property Details for 161/488 Swanston St, Carlton

161/488 Swanston St, Carlton is a 1 bedroom, 1 bathroom Unit and was built in 2001. The property has a floor size of 33m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
Unit
Year Built
2001
Floor Size
33m2
Local Government
Melbourne
Lot/Plan
161/PS419697

Last Listing description (January 2023)

An exceptional investment opportunity which will deliver exceptional returns for the savvy investor who is lucky enough to snap up this Carlton gem. This 2-bedroom apartment in the 'Arrow on Swanston' complex is zoned residential and is also suitable for a first home buyer to seize the opportunity to buy and move in.

Just a stone's throw to some of Melbourne's most acclaimed universities, this charming and well-presented apartment features an entry which steps into the tiled kitchen with a modern induction cooktop, dedicated casual meals area, private living room, one bedroom with a study nook, 2nd bedroom with access to a balcony, contemporary bathroom, reverse cycle heating and cooling, and secure intercom.


Residents of the complex will have access to a building manager, heated pool, and gymnasium, while you're so close to the University of Melbourne and RMIT University as well as being near Lygon Street restaurants and shopping, Melbourne Central with shops and trains, Carlton Gardens, Queen Victoria Market, and trams taking you to the CBD.

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Property History for 161/488 Swanston St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$220,000
20 Sep 2022
Listed for Rent
$270/w
19 Feb 2021
  • 20 Sep 2022
    Sold for $220,000
  • 24 Aug 2022
    Listed for Sale $220,000 - $240,000
  • 15 Mar 2021
    Sold for $230,000
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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 106 properties listed for rent in Carlton on OnTheHouse. According to CoreLogic's data, 509 properties were sold in the past 12 months in Carlton.

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