124/800 Swanston StreetCarlton VIC 3053
Property Details for 124/800 Swanston St, Carlton
124/800 Swanston St, Carlton is a 2 bedroom, 1 bathroom Apartment. The property has a floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 2 bedroom Apartment sold in Carlton in the last 12 months.
Last Listing description (July 2026)
An outstanding opportunity awaits astute investors and SMSF buyers with this highly rentable student accommodation unit located within the iconic Student Living – 800 Swanston Street complex, one of Carlton's most sought-after addresses for purpose-built student residence.Positioned literally steps from the University of Melbourne and with tram services on the doorstep connecting you to the CBD and wider Melbourne, this property captures premium student demand year-in, year-out.
Unit 124 comprises a well-configured 2 bedroom, 1 bathroom layout that appeals perfectly to both owner-occupiers and investors seeking strong income from the student rental market. This unit is currently returning an impressive $3,130 per month - delivering exceptional cash flow with minimal lease vacancy risk and ongoing appeal given its prime location.
Set within a professionally managed student community, the building offers residents access to a range of lifestyle and onsite facilities tailored to student living, including lounges, study spaces, gym, pool and more.
Key Investment Highlights
* Premium student accommodation positioned at the heart of Carlton
* Strong income return of approx. $3,130 per month
* 2 bedroom, 1 bathroom layout with strong demand from tertiary tenants
* Part of the Student Living – 800 Swanston Street complex - a proven student housing asset with excellent amenity and community features
* Steps to University of Melbourne, RMIT and public transport
* Fully furnished and ready-made investment
Whether you're looking to expand your portfolio or secure a high-yield asset in Melbourne's tight rental market, 124/800 Swanston Street presents a rare and compelling offering with solid fundamentals and future capital growth potential.
For more information or to arrange a private inspection, contact the selling agent today.
Property History for 124/800 Swanston St, Carlton, VIC 3053
- 24 Jul 2026Sold
- 27 Feb 2026Listed for Sale $350,000 to $385,000
- 09 Feb 2015Sold for $350,000
Recent sales nearby
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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 16,058 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.
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