OFF MARKET

307/740 Swanston Street
Carlton VIC 3053

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 54m2
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Last updated 16 Dec 2024
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Property Details for 307/740 Swanston St, Carlton

307/740 Swanston St, Carlton is a 1 bedroom, 1 bathroom Unit and was built in 2006. The property has a floor size of 54m2.

Building Type
Unit
Year Built
2006
Floor Size
54m2
Local Government
Melbourne

Last Listing description (December 2019)

Great investment opportunity around 10% p.a of return. The apartment currently renting at $1586 per month.

The property is located at prime location has very good rental demand, University of Melbourne & RMIT just around the corner. Public transport to City, Melbourne central, Flinder St Station and Shopping are so convenient. Looking for investment with great city lifestyle and positive cash investment return, this is one too good to miss.

Features include:

Full security access with intercom
High security electronic key card access
Modern and private ensuite bathrooms
Quality and modern kitchens with microwave
Heating
Laundry Facilities
Study desk with furniture
Unlimited of High speed internet access

For the lucky purchaser, the following new items will be installed to the property prior the settlement:
* new Bed
* new fridge
* new microwave
* new tiles grouting & caulking
* new chair
* new vanity
* new paint throughout
* new carpet

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Property History for 307/740 Swanston St, Carlton, VIC 3053

A timeline of how this property has performed in the market
  • 18 Jun 2019
    Listed for Sale Not Disclosed

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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 15,706 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 58 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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