156/800 Swanston St, Carlton is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 7279m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in December 2019.
Conveniently situated opposite University of Melbourne and a short stroll to the tram for the CBD and RMIT, this spacious 1-bedroom plus study apartment offers a high-yield set-and-forget addition to an investment portfolio (offering 6.5% net yield approx.) or an attractive live-in opportunity for student owner-occupiers.
Generously sized at 54sqm with a large bedroom suitable for both dual or single occupancy, expect high yields compared to the smaller one-bedroom or studio apartments more commonly found in the building. The large apartment is highly liveable, coming fully furnished and having a full-sized kitchen with island bench, enclosed study, and large bathroom.
800 Swanston Street enjoys its Carlton location with shops, cafes, and a Woolworths just a stone's throw away on bustling Lygon Street. The building includes 24-hour on-site security and reception, gym, and communal study rooms and recreational spaces which foster a thriving student community.
With 100% occupancy in the building and property management by Unilodge, investors can expect turn-key convenience.
Currently leased for $2,138/pcm until end January 2025; expect hassle-free return on investment ready to take over and keep tenanted, or an ideal home for student owner-occupiers to enjoy from Semester 1 2025.
Contact agent for inspections.
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 15,873 properties. Over the last 5 years, Houses in Carlton have seen a -18.29% decrease in median value, while Units have seen a -11.08% decrease. As at 31 August 2026:
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