OFF MARKET

873/488 Swanston Street
Carlton VIC 3053

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 42m2
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Property Details for 873/488 Swanston St, Carlton

873/488 Swanston St, Carlton is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a floor size of 42m2. While the property is not currently for sale or for rent, it was last sold in January 2016.

Building Type
Unit
Year Built
2000
Floor Size
42m2
Local Government
Melbourne
Lot/Plan
873/PS419697

Last Listing description (February 2017)

Designed to an exemplary standard, this contemporary two-bedroom Swanston Street apartment is arranged over two floors and personifies urban-inner city living with outstanding views across the city skyline!
Positioned to take advantage of Melbourne's finest offerings, this property will provide uncompromising access to leading educational institutions - The University of Melbourne and RMIT, culturally iconic precincts such as Lygon Street and China Town, Premier Melbourne shopping, arts/dining/ sporting events and incredible transport options at your doorstep!
Offering an open plan lounge/meals area and striking contemporary kitchen upon entry, with excellent flow to the private balcony space and first bedroom with built-in-closets.

A short set of stairs leads you to the upper level, where a second bedroom (BIR's), expansive balcony, modern bathroom and separate laundry complete the equation of this spacious, inner city apartment.
A rare find, with an interesting layout - this property is perfect for investment with an approx. $20,650 per annum rental return. Boasting outstanding building features that include: 24 hour security, electronic card access, The General Store, Gymnasium and Pool; its unbeatable central location and outstanding features make this property too good to miss out on!

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Property History for 873/488 Swanston St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$260,000
25 Jan 2016
  • 25 Jan 2016
    Sold for $260,000
  • 04 Jan 2016
    Listed for Sale Under Offer
  • 18 Mar 2002
    Sold for $295,000

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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 15,589 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 64 properties listed for sale, and 91 properties listed for rent in Carlton on OnTheHouse. According to CoreLogic's data, 515 properties were sold in the past 12 months in Carlton.

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