1502/551 Swanston Street, Carlton, VIC 3053 | Property Value & History | OnTheHouse
 
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1502/551 Swanston Street
Carlton VIC 3053

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Last updated 24 Aug 2026
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Property Details for 1502/551 Swanston St, Carlton

1502/551 Swanston St, Carlton is a 2 bedroom, 2 bathroom Unit.

Building Type
Unit
Local Government
Melbourne

Last Listing description (June 2023)

Best apartment for urban life!

Designed with the lifestyle of Melbournian in mind, this bustling complex has become one of Melbourne's most sought after apartment buildings. With cafe's, shopping and restaurants at your finger tips, this immaculate apartment will surely be the place to live or invest. Queen Victoria Market, Melbourne University, RMIT University, the City Baths and many places of interest are all within walking distance from Swanston Square. SQ is a vibrant mix of retail, commercial offices and residential apartments.

With amazing North facing views into the Melbourne suburbs and a one of a kind feature wall, and the great rental return makes this apartment a solid value for both investors and home seekers. Arrange an inspection today and lock this apartment in.


Residents of the Swanston Square building will also enjoy FREE access to the rooftop facilities, which include: - Dual spa with amazing views, Multiple outdoor BBQ facilities with ample dining space, Indoor lounge area, Indoor cinema room.
The property also features:
- Double bedroom with BIR
- North facing balcony
- Functional layout
- Modern induction cooktop

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Property History for 1502/551 Swanston St, Carlton, VIC 3053

A timeline of how this property has performed in the market
  • 03 Jun 2023
    Listed for Rent $700
  • 16 Nov 2022
    Listed for Sale $550,000
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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 16,057 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.
There are currently 69 properties listed for sale, and 60 properties listed for rent in Carlton on OnTheHouse. According to Cotality's data, 646 properties were sold in the past 12 months in Carlton.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. 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.

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.

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