518/495 Rathdowne Street, Carlton, VIC 3053 | Apartment for rent | OnTheHouse
FOR RENT
$550 Per Week

518/495 Rathdowne Street
Carlton VIC 3053

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Available From
Friday 18 September 2026| Bond $2,390.000
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Modern 1-Bedroom Apartment in Prime Carlton Location

Enjoy easy inner-city living in this stylish and well-presented one-bedroom apartment. Offering a bright open-plan layout, modern finishes and a private balcony, this apartment provides a comfortable and convenient lifestyle in one of Melbourne’s most sought-after locations.
Property features include:
- Spacious one-bedroom with built-in robe
- Open-plan living and dining area
- Private covered balcony
- Split-system heating and cooling
- Modern kitchen with gas cooking, oven and ample cabinetry
- Contemporary bathroom with large shower and vanity
- Timber flooring throughout the living areas
- Carpeted bedroom
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Property Details for 518/495 Rathdowne St, Carlton

518/495 Rathdowne St, Carlton is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for rent with Diamond Property Management.

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 16,057 properties. Over the last 5 years, Houses in Carlton have seen a -12.29% decrease in median value, while Units have seen a -13.64% decrease. As at 31 July 2026:

  • The median value for Houses in Carlton is $1,453,978 while the median value for Units is $341,114.
  • Houses have a median rent of $883 while Units have a median rent of $570.
There are currently 69 properties listed for sale, and 64 properties listed for rent in Carlton on OnTheHouse. According to Cotality's data, 647 properties were sold in the past 12 months in Carlton.

Suburb Insights for Carlton 3053

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James Ollaik
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Diamond Property Management
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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.