SOLD
Sold on 25 Oct 2023 for $224,000

812/528 Swanston Street
Carlton VIC 3053

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 32m2
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Sold By
F.R. Chee
CT Real Estate
Nelson Wu
CT Real Estate
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Property Details for 812/528 Swanston St, Carlton

812/528 Swanston St, Carlton is a 1 bedroom, 1 bathroom Unit and was built in 2004. The property has a floor size of 32m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 1 bedroom Unit sold in Carlton in the last 12 months.

Building Type
Unit
Year Built
2004
Floor Size
32m2
Local Government
Melbourne
Lot/Plan
812/PS447385

Last Listing description (October 2023)

***Residential Apartment and can be Owner Occupied***Not a Serviced Apartment or Student Accommodation***

Nestled at the crossroads of Carlton and the vibrant CBD, this fully furnished one bedroom apartment offers unbeatable convenience. Explore the nearby with walking distance to Queen Victoria Market, Melbourne University, RMIT, trendy Lygon Street cafes and abundance of shopping opportunity at QV, Emporium and Aldi. It is also conveniently located along the main arterial tram route along Swanston Street with a tram stop located outside the building.

Enjoy plenty of natural sunlight from the eighth floor, with an open-plan living area, a well-equipped kitchen, and a spacious bedroom with build in robes and an ensuite. The apartment also have secure swipe access and intercom, split-system and will be sold with the furniture and appliances that are included with the tenancy. Residents will also have access to communal amenities like an entertainment room, BBQ facilities, laundry, and secure entrance.

With a new 12-month fixed-term secure lease in place at $1,738 per month until January 2025, this one-bedroom gem offers a fantastic gross rental return of 9% p.a. Take advantage of this amazing opportunity and don't missed out on this solid investment.

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Property History for 812/528 Swanston St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$224,000
25 Oct 2023
Listed for Rent
$230/w
16 Dec 2021
  • 25 Oct 2023
    Sold for $224,000
  • 16 Oct 2023
    Listed for Sale $230,000. 9% P.A. Gross Rental Return
  • 22 Nov 2021
    Listed for Rent $230 / week
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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 15,684 properties. Over the last 5 years, Houses in Carlton have seen a 16.38% increase in median value, while Units have seen a -3.14% decrease. As at 31 July 2024:

  • The median value for Houses in Carlton is $1,518,761 while the median value for Units is $364,888.
  • Houses have a median rent of $675 while Units have a median rent of $520.
There are currently 53 properties listed for sale, and 76 properties listed for rent in Carlton on OnTheHouse. According to CoreLogic's data, 510 properties were sold in the past 12 months in Carlton.

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