808/488 Swanston St, Carlton is a 1 bedroom, 1 bathroom Unit and was built in 2002. The property has a floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
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 alsosuitable 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, 2ndbedroom 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.
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 15,714 properties. Over the last 5 years, Houses in Carlton have seen a -16.04% decrease in median value, while Units have seen a -0.86% decrease. As at 31 January 2025:
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