201/488 Swanston Street, Carlton, VIC 3053 | Property Value & History | OnTheHouse
OFF MARKET

201/488 Swanston Street
Carlton VIC 3053

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 2783m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 3 Aug 2026
Low

High
Save

Property Details for 201/488 Swanston St, Carlton

201/488 Swanston St, Carlton is a 1 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 December 2012.

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

Last Listing description (December 2012)

WALK EVERYWHERE FROM 'ARROW ON SWANSTONnCOMFORTABLE, COMPACT AND CONVENIENTLY LOCATED, THIS 2-BEDROOM, FURNISHED APARTMENT IN THE RESIDENTIAL SECTION OF 'ARROW ON SWANSTON' ENJOYS THE BENEFIT OF WALKING PROXIMITY TO EVERY DESIRABLE AMENITY. SET IN THE ENERGETIC HEART OF THE CITY'S COLLEGE AND UNIVERSITY PRECINCT, WITH TRAMS AT THE DOOR AND SURROUNDED BY AN UNBEATABLE SELECTION OF CAFES, RESTAURANTS, SHOPPING AND ENTERTAINMENT VENUES, THIS APARTMENT OFFERS THE IDEAL, LOW-MAINTENANCE CITY BASE FOR STUDENTS OR AN EXCEPTIONAL VALUE PROPOSITION FOR INVESTORS SEEKING HEALTHY RENTAL RETURN. THE APARTMENT'S EFFECTIVE DESIGN ACCOMMODATES A LIGHT-FILLED LIVING AND MEALS AREA OPENING TO A BREEZY BALCONY THAT TAKES IN THE CITY VIBE OF SWANSTON STREET. A CONVENIENT KITCHEN WITH ELECTRIC COOKING, MAIN ROBED BEDROOM, SECOND BEDROOM AND PRACTICAL BATHROOM WITH CORNER SHOWER ADD TO THE COMFORTS OF HOME, AS DO FURNISHINGS SUCH AS DINING TABLE, CHAIRS, SOFA AND BEDS. ALSO FEATURES SPLIT SYSTEM HEATING/COOLING, INTERCOM AND SECURE BUILDING ENTRY PLUS FABULOUS ACCESS TO BUILDING FACILITIES SUCH AS A FULLY EQUIPPED GYM, POOL AND SAUNA, COMMUNAL LAUNDRY, CAFE, GENERAL STORE AND OTHER LIFESTYLE CONVENIENCES. ONLY MOMENTS FROM QUALITY EDUCATIONAL INSTITUTES SUCH AS MELBOURNE UNIVERSITY, RMIT AND VICTORIA UNIVERSITY, THIS FABULOUS APARTMENT IS ALSO WITHIN A FEW MINUTES WALK TO MELBOURNE CENTRAL SHOPPING CENTRE/TRAIN STATION, QV SHOPPING CENTRE, BOURKE STREET MALL, CHINATOWN, THE STATE LIBRARY, QUEEN VICTORIA MARKET AND LYGON STREET EATERIES JUST AROUND THE CORNER. ROBERT EGGERS : 0412 329 340

Property History for 201/488 Swanston St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$210,000
20 Dec 2012
  • 20 Dec 2012
    Sold for $210,000
  • 14 Nov 2012
    Listed for Sale $200,000 PLUS
  • 11 May 1999
    Sold for $162,000
Commute Calculator

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 16,059 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 64 properties listed for sale, and 64 properties listed for rent in Carlton on OnTheHouse. According to Cotality's data, 663 properties were sold in the past 12 months in Carlton.

Suburb Insights for Carlton 3053

Market Insights
Carlton Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Carlton Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.