301/488 Swanston Street, Carlton, VIC 3053 sold on 16 September 2026 | OnTheHouse
SOLD
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Sold on 16 Sep 2026 for $242,000

301/488 Swanston Street
Carlton VIC 3053

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 61m2
Land area: 2783m2
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Property Details for 301/488 Swanston St, Carlton

301/488 Swanston St, Carlton is a 2 bedroom, 1 bathroom Unit and was built in 2002. The property has a land size of 2783m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in September 2026. There are other 2 bedroom Unit sold in Carlton in the last 12 months.

Building Type
Unit
Year Built
2002
Floor Size
61m2
Land Size
2783m2
Local Government
Melbourne
Lot/Plan
301/PS419697

Last Listing description (September 2026)

Located in the heart of the city, this well-presented apartment offers the perfect blend of comfort, convenience, and lifestyle. Featuring two generously sized bedrooms, a dedicated study nook, and a light-filled open-plan living and dining area, the home provides plenty of space to study, relax, and entertain.
Located only seconds from RMIT University and with great access to public transport, all of Melbourne will be at your fingertips. Prefer to stay in? The building comes with access to a communal gym and pool.

The spacious bathroom is designed for practicality and comfort, while the private balcony offers a great spot to enjoy your morning coffee or unwind after a busy day. With universities, public transport, shopping, dining, and entertainment all within easy reach, this apartment is ideally suited to students seeking quality accommodation in a vibrant city location.

For investors, this property presents an outstanding opportunity to secure a low-maintenance asset in a highly sought-after rental market. Its versatile layout, student-friendly design, and prime city position make it an attractive prospect for strong and consistent tenant demand.

Whether you're looking for a comfortable city residence or a smart addition to your investment portfolio, this apartment delivers exceptional value in an unbeatable location.

Opportunities like this are in high demand - inspect today and discover the potential this city apartment has to offer.

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Material Facts - please refer to the contract of sale and vendor statement for material facts.

Land size sourced from land.vic.gov.au. This document has been prepared to assist solely in the marketing of this property.
While all care has been taken to ensure the information provided herein is correct, Harcourts Rata & Co takes no responsibility for any inaccuracies.
Accordingly all interested parties should make their own enquiries to verify the information, including and not limited to land size.

Property History for 301/488 Swanston St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$242,000
16 Sep 2026
Listed for Rent
$490/w
04 Sep 2023
  • 16 Sep 2026
    Sold for $242,000
  • 17 Jun 2026
    Listed for Sale $242,000
  • 04 Sep 2023
    Listed for Rent $490 / week
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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 15,873 properties. Over the last 5 years, Houses in Carlton have seen a -18.29% decrease in median value, while Units have seen a -11.08% decrease. As at 31 August 2026:

  • The median value for Houses in Carlton is $1,305,658 while the median value for Units is $354,704.
  • Houses have a median rent of $895 while Units have a median rent of $570.
There are currently 55 properties listed for sale, and 64 properties listed for rent in Carlton on OnTheHouse. According to Cotality's data, 639 properties were sold in the past 12 months in Carlton.

Suburb Insights for Carlton 3053

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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.