OFF MARKET

661/488 Swanston Street
Carlton VIC 3053

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 32m2
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Property Details for 661/488 Swanston St, Carlton

661/488 Swanston St, Carlton is a 2 bedroom, 1 bathroom Unit and was built in 2002. The property has a floor size of 32m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
2002
Floor Size
32m2
Local Government
Melbourne
Lot/Plan
661/PS419697

Last Listing description (May 2022)

This sensational one-of-a-kind 3 bedroom apartment is perfectly positioned high up in the esteemed 'Arrow On Swanston' complex. Perfect for Investment as an ideal student-share rental property, this stunning & newly refurbished apartment offers a high rental yield opportunity & minimal maintenance. Facing out onto Swanston Street, enjoy bright & broad North-West views welcoming abundant natural light throughout. Situated in one of Melbourne's most sought-after university precinct, this immaculately presented city abode has all the makings of a convenient inner-city pad or a suave addition to any savvy investor's portfolio.

The tiled entrance opens onto a stylish & convenient kitchen with ample storage, 3 single-bed sized bedrooms & a perfectly perched balcony enjoying sun morning til dusk.
The light & modern interior comes complete with, split system cooling/heating unit & NBN ready network. The apartment comes furnished with white goods & bedding.

Building facilities include secure intercom entry, lift access, 24 hour concierge, swimming pool & sauna, fully equipped gymnasium & common laundry facilities.

The spectacular location is second to none with Swanston Street tram stop right at your doorstep & within close proximity to Queen Victoria Market, Melbourne Central Shopping Centre, Universities & more. This apartment provides an ultra-convenient & relaxed 'City-Lifestyle' that allows you to enjoy the best Melbourne has to offer. Being in the heart of everything, this well established & modern apartment makes a wonderful investment or perfect entry-level city home for anyone looking to buy in the heart of the 'World's most livable city'.

Property History for 661/488 Swanston St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$240,000
24 May 2022
Listed for Rent
24 Jan 2014
  • 24 May 2022
    Sold for $240,000
  • 23 Mar 2022
    Listed for Sale $240,000
  • 12 Apr 2015
    Sold for $232,000
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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.