OFF MARKET

916/528 Swanston Street
Carlton VIC 3053

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 30m2
Land area: 1049m2
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Property Details for 916/528 Swanston St, Carlton

916/528 Swanston St, Carlton is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 1049m2 and floor size of 30m2. While the property is not currently for sale or for rent, it was last sold in November 2010.

Building Type
Unit
Year Built
2004
Floor Size
30m2
Land Size
1049m2
Local Government
Melbourne
Lot/Plan
916/PS447385

Last Listing description (December 2010)

HIGH RETURNS WITH CITY CONVENIENCE
This great property provides all the essential ingredients for the shrewd investor whilst providing a magnificent opportunity for the first home buyer to create their own little nest at the doorstep of the CBD.
Perched on the top floor of this superbly located building, this genuine 1 bedroom apartment is furnished, has a generous living area and comes fitted with air-conditioning. With views to the north and east and overlooking the Carlton gardens, it is one of the brightest apartments in the building.

The property is currently vacant but has rental potential at $350pw. Return is in excess of 8% with modest outgoings.
Transport is a breeze with the Swanston street tram stopping right out the front, or if you want a car park we can arrange that too. Melb Uni campus is only 5 minutes walk and the shopping at QV and the Queen Victoria Market are both easily accessible. This is ideal for the first time investor looking to start their property portfolio.

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Property History for 916/528 Swanston St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$208,000
30 Nov 2010
Listed for Rent
$350/w
07 Dec 2010
  • 30 Nov 2010
    Sold for $208,000
  • 10 Sep 2010
    Listed for Rent - Price not available
  • 20 Aug 2010
    Listed for Sale $200,000 - $220,000
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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 15,594 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.

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