2/131 Pelham Street, Carlton, VIC 3053 | Property Value & History | OnTheHouse
OFF MARKET

2/131 Pelham Street
Carlton VIC 3053

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 19 Jan 2026
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Property Details for 2/131 Pelham St, Carlton

2/131 Pelham St, Carlton is a 1 bedroom, 1 bathroom House.

Building Type
House
Local Government
Melbourne

Last Listing description (November 2025)

Premium fully furnished apartment offering an exceptional investment opportunity awaits. In a bustling & vibrant location renowned for its high student accommodation demand and consistent high yield returns.

Positioned on the top second floor building, this impeccably presented apartment is bathed in natural light. It boasts the largest configuration type in the complex and uniquely offers undisturbed views.

The apartment exudes quality, featuring a streamlined kitchen with smooth bench surfaces, a dedicated bar fridge space, and top-tier kitchen appliances including a gas cooktop, rangehood, and microwave. The open-plan living area is complemented by air-conditioning/heating, a study area, and a private balcony perfect for soaking in the stunning views.

Residents of this secure complex enjoy access to convenient laundry facilities and a communal lounge. Ideally located at the corner of Swanston and Pelham Streets in Carlton, the apartment is within walking distance to Melbourne University, RMIT, and the City Centre. Nearby amenities include parks, the City Bath, Victoria Market, and the vibrant restaurants of Lygon Street. Tram stops are right at your doorstep, offering easy access, with the added advantage of the Free Tram Zone just around the corner.

With rental demand higher than ever, there has never been a better time to invest in this premium student accommodation in the sought-after suburb of Carlton. Seize this rare opportunity to secure a high-performing asset in a prime location.

For any further queries or to book a private inspection please contact Annamaria Stella on 0481 602 108 or Robert Joekar on 0422 145 777.

Property History for 2/131 Pelham St, Carlton, VIC 3053

A timeline of how this property has performed in the market
  • 21 Nov 2025
    Listed for Sale $155,000-$165,000
  • 08 Dec 2024
    Listed for Sale $155,000-$165,000
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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 16,052 properties. Over the last 5 years, Houses in Carlton have seen a -2.64% decrease in median value, while Units have seen a -10.58% decrease. As at 31 December 2025:

  • The median value for Houses in Carlton is $1,509,181 while the median value for Units is $328,866.
  • Houses have a median rent of $675 while Units have a median rent of $550.
There are currently 62 properties listed for sale, and 101 properties listed for rent in Carlton on OnTheHouse. According to Cotality's data, 656 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.