872/488 Swanston Street, Carlton, VIC 3053 | Property Value & History | OnTheHouse
OFF MARKET

872/488 Swanston Street
Carlton VIC 3053

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 43m2
Land area: 2783m2
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Property Details for 872/488 Swanston St, Carlton

872/488 Swanston St, Carlton is a 2 bedroom, 1 bathroom Unit and was built in 2002. The property has a land size of 2783m2 and floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in May 2024.

Building Type
Unit
Year Built
2002
Floor Size
43m2
Land Size
2783m2
Local Government
Melbourne
Lot/Plan
872/PS419697

Last Listing description (October 2026)

Ideally positioned in the heart of Carlton, this well-presented two-bedroom apartment offers outstanding convenience and is ready for immediate occupancy.

Perfect for students, professionals or anyone seeking an easy inner-city lifestyle, the apartment is within walking distance of RMIT University, the University of Melbourne, Queen Victoria Market, Melbourne Central and the CBD. Trams are available directly along Swanston Street, placing the best of Melbourne within effortless reach.

Property features include:

Two well-proportioned bedrooms
Neatly presented bedding and furnishings
Dedicated study desks and excellent natural light
Open-plan living and dining area
Practical kitchen with electric cooking and ample storage
Central bathroom
Split-system heating and cooling
European-style laundry with washing machine
Large windows with elevated neighbourhood views
Secure building access
No car space

Residents can also enjoy access to the building's excellent facilities, including a swimming pool, gymnasium and sauna.

With universities, public transport, cafs, restaurants, shopping and Melbourne's CBD all nearby, this is an excellent opportunity to secure an exceptionally convenient Carlton address.

Available now move in as soon as possible!

Register your interest and arrange an inspection today.

Disclaimer: Some furniture, furnishings and dcor shown in the advertising images may differ from those provided with the property.

"Prospective renters are required to register for the open-for-inspection to view the property. This ensures they are promptly notified of any changes or cancellations to the scheduled inspection."

Use this link to APPLY NOW! https://our.property/9Wel

Property History for 872/488 Swanston St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$320,000
14 May 2024
Listed for Rent
12 Jul 2024
  • 21 Sep 2026
    Listed for Rent $730 / week
  • 14 May 2024
    Sold for $320,000
  • 15 Dec 2023
    Listed for Rent $575 / week
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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 15,871 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 58 properties listed for sale, and 65 properties listed for rent in Carlton on OnTheHouse. According to Cotality's data, 635 properties were sold in the past 12 months in Carlton.

Suburb Insights for Carlton 3053

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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.