5/495 Rathdowne Street, Carlton, VIC 3053 | Apartment for sale | OnTheHouse
 
FOR SALE
$360,000 - $380,000

5/495 Rathdowne Street
Carlton VIC 3053

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Contemporary Comfort in the Heart of Carlton

Perfectly positioned within the boutique Rathdowne Street complex, this stylish one-bedroom apartment presents an exceptional opportunity for first-home buyers, professionals, or investors seeking a low-maintenance city-edge lifestyle. Showcasing modern finishes, light-filled interiors and access to premium residents’ amenities, it combines convenience with contemporary living in one of Melbourne’s most vibrant inner-city pockets.
The open-plan living and dining area is enhanced by timber flooring and full-height glazing, flowing seamlessly onto a private balcony that extends the living space outdoors. A sleek kitchen appointed with stone benchtops, stainless-steel appliances and ample storage offers both style and practicality for everyday cooking or entertaining.
The spacious bedroom features built-in robes, while the elegant bathroom is fitted with modern fixtures and a concealed European laundry. Comfort is assured year-round with split-system heating and cooling, while secure intercom entry, lift access and a dedicated car space add further appeal.
Residents of Rathdowne Street enjoy exclusive access to a range of lifestyle facilities including a rooftop terrace with sweeping city views, BBQ and entertaining spaces, a bocce court, garden courtyard and residents’ lounge.
Located just steps from Lygon Street’s renowned dining scene, Rathdowne Village and Carlton Gardens, and only moments from Melbourne University and efficient tram links to the CBD, this sought-after address delivers unbeatable inner-city connectivity and culture.
Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 5/495 Rathdowne St, Carlton

5/495 Rathdowne St, Carlton is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with EIGHTH QUARTER.

Building Type
Apartment
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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 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 16,033 properties. Over the last 5 years, Houses in Carlton have seen a 11.55% increase in median value, while Units have seen a -2.13% decrease. As at 30 November 2025:

  • The median value for Houses in Carlton is $1,669,881 while the median value for Units is $337,144.
  • Houses have a median rent of $675 while Units have a median rent of $550.
There are currently 54 properties listed for sale, and 82 properties listed for rent in Carlton on OnTheHouse. According to Cotality's data, 648 properties were sold in the past 12 months in Carlton.

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