401/488 Swanston Street, Carlton, VIC 3053 | Apartment for rent | OnTheHouse
 
FOR RENT
$525

401/488 Swanston Street
Carlton VIC 3053

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Available From
Friday 31 July 2026| Bond $2,282.00
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Furnished chic living in excellent locale

This furnished apartment is chic inner city living at its finest. The apartment comprises of two bedrooms with built in robes, a functional kitchen with living space and a bonus balcony. A separate bathroom completes the picture.
Living at 'Arrow on Swanston' enjoy the perks of a heated swimming pool, gymnasium, sauna and residents lounge.
Perfectly positioned on the fringe of the city, from this location you are within close proximity to Melbourne University, RMIT, Melbourne Central Train Station, famous eateries including Queen Victoria Market and cultured street food on Lygon Street. Enjoy living in a place where everything is at your doorstep including Melbourne Central and Bourke Street Mall anchored by international fashion brands. This location is also close to vibrant entertainment precincts.
*Please enter via the Northern entrance.
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Property Details for 401/488 Swanston St, Carlton

401/488 Swanston St, Carlton is a 2 bedroom, 1 bathroom Apartment. The place is currently for rent with MRE.

Building Type
Apartment
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About Carlton 3053

The size of Carlton is approximately 1.7 square kilometres. There are 9 parks, covering nearly 20.9% of the total area. The population of Carlton in 2016 was 18535 people. By 2021 the population was 16055 showing a population decline of 13.4% 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 2021, 23.30% of the homes in Carlton were owner-occupied compared with 18.60% in 2016.

Carlton has 15,857 properties. Over the last 5 years, Houses in Carlton have seen a -18.29% decrease in median value, while Units have seen a -11.08% decrease. As at 31 August 2026:

  • The median value for Houses in Carlton is $1,305,658 while the median value for Units is $354,704.
  • Houses have a median rent of $895 while Units have a median rent of $570.
There are currently 62 properties listed for sale, and 55 properties listed for rent in Carlton on OnTheHouse. According to Cotality's data, 639 properties were sold in the past 12 months in Carlton.

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