16/540 Swanston St, Carlton is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 1401m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Wonderful opportunity for smart investors, first home buyers and downsizers to secure this 2 bedroom apartment on the fringe of the CBD, right in the centre of Carlton's university district and minutes away from Lygon Street's Cafes.
Well-zoned for natural light, showcasing style and elegance, the property boasts stunning floorboards throughout. Extensive open plan living and dining zones highlight a superb updated kitchen enhanced with stainless steel oven and gas cooktop. The sizable meals area leads out onto a large private balcony perfect for entertaining all year round.
The 2 generous sized bedrooms offer built-in-robes to the second bedroom and a large walk-in-robe in the master bedroom. The central bathroom provides a separate bath and shower. Other features of the property include separate WC, split system air conditioner, European laundry, lift access, intercom, security entry and secure remote garage car space.
With its prominent central location, this apartment is within a short stroll to a vast array of amenities: Lygon Street restaurants and cafes, Melbourne Central's cinemas and shops, Queen Victoria market, City Baths, Carlton Gardens, RMIT and Melbourne University. The tram stop outside your front door heads straight into the heart of the CBD, and services 8 different tram routes. Zoned to Carlton Gardens Primary School and University High School.
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 16,030 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:
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