OFF MARKET

4121/550 Lygon Street
Carlton VIC 3053

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 14864m2
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Property Details for 4121/550 Lygon St, Carlton

4121/550 Lygon St, Carlton is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 14864m2. While the property is not currently for sale or for rent, it was last sold in September 2014.

Building Type
Unit
Year Built
1998
Land Size
14864m2
Local Government
Melbourne
Lot/Plan
1L21/PS423753

Last Listing description (September 2014)

A GREAT BEGINNING!
This is entry level pricing in the Carlton apartment market. Ideal as an investment or perfect for the first home buyer.
Located in the newest section of the development in the front building with your own street entrance from Lygon Street. This 1 bedroom studio apartment comes fully furnished and offers open plan living, kitchen/meals, tiled bathroom and study area.

Currently owner occupied, though the potential rental return is $290.00 per week / $15,120.00 per annum approx.
The complex offers an abundance of facilities such as swimming pool, basket ball court,
Gym and sauna. Featuring a high level of security, giving the families of their loved ones peace of mind living in a safe environment.

Property History for 4121/550 Lygon St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$175,000
29 Sep 2014
  • 29 Sep 2014
    Sold for $175,000
  • 27 Aug 2014
    Listed for Sale $175,000
  • 24 Feb 2011
    Sold for $169,950

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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 15,594 properties. Over the last 5 years, Houses in Carlton have seen a 27.83% increase in median value, while Units have seen a -4.06% decrease. As at 30 September 2024:

  • The median value for Houses in Carlton is $1,665,443 while the median value for Units is $362,750.
  • Houses have a median rent of $675 while Units have a median rent of $515.
There are currently 59 properties listed for sale, and 82 properties listed for rent in Carlton on OnTheHouse. According to CoreLogic's data, 518 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.