1217/131 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 52m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 1 bedroom Unit sold in Carlton in the last 12 months.
Situated on the top floor of 131 Pelham Street. Step into a smartly designed, fully furnished apartment in the vibrant heart of Carlton. perfect for first-home buyers, Students, or savvy investors. With a unique floor plan that maximises space and natural light, this compact yet thoughtfully laid-out apartment offers all the essentials for modern living without compromising on comfort or style.
Enjoy sweeping views to the west of Melbourne from your private balcony over looking adjacent Lincoln Square , the perfect place to unwind at the end of the day. The clean and tidy interior boasts a well-equipped kitchen complete with built-in microwave and fridge, making daily living easy and efficient. The open-plan living area is cleverly arranged to enhance functionality while maintaining a sleek, minimalist feel.
Every inch of this apartment is designed for convenience. Fully furnished with quality pieces, it's move-in ready and ideal for short or long-term leasing. A standout investment opportunity with a 13% gross return in one of Melbourne's most desirable inner-city locations. The building also offers secure access and excellent maintenance standards.
Positioned close to the University of Melbourne, public transport, and Lygon Street's vibrant dining precinct, this is an unbeatable location that continues to attract high demand. Whether you're buying your first property or adding to your investment portfolio, this apartment delivers lifestyle and long-term potential in equal measure.
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 15,940 properties. Over the last 5 years, Houses in Carlton have seen a -7.45% decrease in median value, while Units have seen a -11.50% decrease. As at 30 April 2026:
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