SOLD
Sold on 13 Mar 2024 for $350,000

165/488 Swanston Street
Carlton VIC 3053

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Sold By
MICM Real Estate
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Property Details for 165/488 Swanston St, Carlton

165/488 Swanston St, Carlton is a 2 bedroom, 1 bathroom Unit and was built in 2002. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Carlton in the last 12 months.

Building Type
Unit
Year Built
2002
Local Government
Melbourne
Lot/Plan
165/PS419697

Last Listing description (April 2024)

An affordable mix of natural light, oversized alfresco space and city convenience, this impressive 2 bedroom apartment enjoys prime position on the first floor of the high-demand Arrow on Swanston complex. Head downstairs to trams on your doorstep and stroll to RMIT, Melbourne University, Carlton Gardens, a premium choice of dining options and all the attractions of the CBD. Market entrants will appreciate the value, students can walk to their classes, and astute investors can pocket the high returns (estimated $550 per week) in a truly central location.

Discover a sparkling full-sized kitchen boasting an electric cooktop, a breakfast bar and ample storage space with everything at your fingertips. Freshly painted throughout, roomy open-plan living and dining makes a seamless connection with a large undercover terrace running the full width of the apartment. Perched over iconic Swanston Street from a commanding position, entertaining will be a dream in this apartment! Both sizeable bedrooms are serviced by mirrored built-in robes and a gleaming bathroom featuring a walk-in shower and mirrored cabinetry.

Offered for sale with an option to purchase a fridge/freezer plus a microwave, hit the ground running and take full advantage of split-system heating and cooling, a tiled entrance, slimline Venetian blinds, intercom entry, lift access, a shared laundry area, an onsite manager and resort-style use of a heated swimming pool, sauna and a fully equipped gym. Nest or invest, welcome to the best!

Outgoings:
Council Rates: $161.00 per quarter approx.
Water Rates: $150.00 per quarter approx.
Owners Corporation Fees: $760.00 per quarter approx.

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property History for 165/488 Swanston St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$350,000
13 Mar 2024
  • 13 Mar 2024
    Sold for $350,000
  • 15 Jan 2024
    Listed for Sale $350,000
  • 26 May 2005
    Sold for $200,000

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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 15,578 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.
There are currently 63 properties listed for sale, and 87 properties listed for rent in Carlton on OnTheHouse. According to CoreLogic's data, 505 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.