1213/131 Pelham Street, Carlton, VIC 3053 | Property Value & History | OnTheHouse
 
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1213/131 Pelham Street
Carlton VIC 3053

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 21m2
Land area: 727m2
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Last updated 8 Dec 2025
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Property Details for 1213/131 Pelham St, Carlton

1213/131 Pelham St, Carlton is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 727m2 and floor size of 21m2. While the property is not currently for sale or for rent, it was last sold in July 2024.

Building Type
Unit
Year Built
2008
Floor Size
21m2
Land Size
727m2
Local Government
Melbourne
Lot/Plan
1213/PS608032

Last Listing description (September 2024)

*THIS PROPERTY NOT ONLY OBTAINED A TOP RESULT, BUT WAS SOLD WITH NO UPFRONT COSTS TO OUR OWNERS. TO FIND OUT MORE, PLEASE CONTACT PETER DOAN ON 0400 423 218*

The ultimate investment: A rare opportunity exists to purchase a great Blue-Chip investment being a fully furnished apartment in an area with high student accommodation demand with consistent high yield and returns.

Situated on the top floor of this 12th level building this impeccably presented apartment, with the finest quality is on display in a streamlined kitchen showcasing smooth bench surfaces, a bar fridge space, kitchen appliances; gas cooktop, rangehood and a microwave. Additional to this is a generous open-plan living, air-conditioning/heating, study area and private balcony to soak in the views.

The secure complex provides access to laundry facilities and a communal lounge. Ideally located on the corner of Swanston & Pelham Street, Carlton; within walking distance to Melbourne University, RMIT & City Centre. Parks, City Bath, Victoria Market & and Lygon Street Restaurants only minutes away. Tram stops are at the door step for convenient access, or embrace the advantage of the Free Tram Zone around the corner. With higher than ever rental demands There is never a better opportunity than now to invest in this student accommodation in the top suburb of Carlton

This Student Accommodation is currently leased at $390 per week, making this a super solid 12.5% return on investment per annum.

Please call Peter Doan on 0400 423 218 for more information

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Property History for 1213/131 Pelham St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$160,000
18 Jul 2024
Listed for Rent
$290/w
05 May 2022
  • 18 Jul 2024
    Sold for $160,000
  • 09 Feb 2024
    Listed for Sale $155,000 - $165,000
  • 08 Dec 2023
    Listed for Rent $390 / week
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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 16,029 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 57 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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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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