165/488 Swanston Street, Carlton, VIC 3053 | Property Value & History | OnTheHouse
OFF MARKET

165/488 Swanston Street
Carlton VIC 3053

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 2783m2
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Property Details for 165/488 Swanston St, Carlton

165/488 Swanston St, Carlton is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 2783m2. While the property is not currently for sale or for rent, it was last sold in March 2024.

Building Type
Unit
Year Built
2002
Land Size
2783m2
Local Government
Melbourne
Lot/Plan
165/PS419697

Last Listing description (March 2025)

An affordable mix of natural light, oversized alfresco space and city convenience, this impressive 2 bedroom apartment enjoys prime position on the first floor of the high-demand Arrow on Swanston complex. Head downstairs to trams on your doorstep and stroll to RMIT, Melbourne University, Carlton Gardens, a premium choice of dining options and all the attractions of the CBD. Market entrants will appreciate the value, students can walk to their classes, and astute investors can pocket the high returns (estimated $550 per week) in a truly central location.

Discover a sparkling full-sized kitchen boasting an electric cooktop, a breakfast bar and ample storage space with everything at your fingertips. Freshly painted throughout, roomy open-plan living and dining makes a seamless connection with a large undercover terrace running the full width of the apartment. Perched over iconic Swanston Street from a commanding position, entertaining will be a dream in this apartment! Both sizeable bedrooms are serviced by mirrored built-in robes and a gleaming bathroom featuring a walk-in shower and mirrored cabinetry.

Offered for sale with an option to purchase a fridge/freezer plus a microwave, hit the ground running and take full advantage of split-system heating and cooling, a tiled entrance, slimline Venetian blinds, intercom entry, lift access, a shared laundry area, an onsite manager and resort-style use of a heated swimming pool, sauna and a fully equipped gym. Nest or invest, welcome to the best!

Outgoings:
Council Rates: $161.00 per quarter approx.
Water Rates: $150.00 per quarter approx.
Owners Corporation Fees: $760.00 per quarter approx.

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property History for 165/488 Swanston St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$350,000
13 Mar 2024
  • 13 Mar 2024
    Sold for $350,000
  • 15 Jan 2024
    Listed for Sale $350,000
  • 26 May 2005
    Sold for $200,000
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About Carlton 3053

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:

  • The median value for Houses in Carlton is $1,669,881 while the median value for Units is $337,144.
  • Houses have a median rent of $675 while Units have a median rent of $550.
There are currently 54 properties listed for sale, and 81 properties listed for rent in Carlton on OnTheHouse. According to Cotality's data, 647 properties were sold in the past 12 months in Carlton.

Suburb Insights for Carlton 3053

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Cotality Copyright and Legal Disclaimers about Property Data
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.