205/127-133 Leicester StreetCarlton VIC 3053
Property Details for 205/127-133 Leicester St, Carlton
205/127-133 Leicester St, Carlton is a 1 bedroom, 1 bathroom Studio. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 1 bedroom Studio sold in Carlton in the last 12 months.
Last Listing description (November 2025)
Set in a vibrant pocket of Carlton, Unit 205 offers a rare blend of security, convenience, and consistent rental demand. Designed with students in mind, this fully furnished apartment provides everything needed for comfortable city living while delivering investors a steady income stream. With Melbourne's universities, markets, and CBD attractions all nearby, the location ensures ongoing appeal for both local and international tenants.
Purpose-built for low-maintenance investing, the apartment features modern furnishings, secure building access, and access to a range of shared facilities including study lounges, outdoor terraces, laundry amenities, and bicycle storage. With a rent increase already scheduled, Unit 205 is positioned for even stronger returns in the coming years – making it an ideal choice for both first-time and seasoned investors.
Key Features:
* Purpose-Built for Students: Designed specifically for student living, the building includes secure video entry, security lift access to all floors
* Convenience and Comfort: Each apartment is fully furnished with a study desk, single bed, electric heating, TV, and a modern kitchen equipped with gas cooking, microwave, cutlery, and crockery.
* Low Running Costs: Rent includes gas and water usage, with discounted electricity provided through a special student rate.
* Shared Amenities: Residents benefit from two common rooms, outdoor terraces, communal laundry facilities, and bicycle storage.
* Ideal Location: Located in the heart of Carlton, students enjoy easy access to public transport, a convenience store, and all the amenities of Melbourne's bustling city centre.
*Rent moving to $400 a week as of Feb 2026
An opportunity like this combines security, convenience, and reliable income in one package. Perfect for investors chasing strong yields or parents wanting peace of mind for their student, this property is a smart move in one of Melbourne's most vibrant precincts.
Be quick to enquire!
Property History for 205/127-133 Leicester St, Carlton, VIC 3053
- 02 Jul 2026Sold for $170,000
- 11 Nov 2025Sold for $135,000
- 22 Sep 2025Listed for Sale Contact Agent
Recent sales nearby
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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 16,056 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.
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