307/740 Swanston St, Carlton is a 1 bedroom, 0 bathroom Unit with 1 parking spaces and was built in 2006.
Great investment opportunity around 10% p.a of return. The apartment currently renting at $1586 per month.
The property is located at prime location has very good rental demand, University of Melbourne & RMIT just around the corner. Public transport to City, Melbourne central, Flinder St Station and Shopping are so convenient. Looking for investment with great city lifestyle and positive cash investment return, this is one too good to miss.
Features include:
For the lucky purchaser, the following new items will be installed to the property prior the settlement:
* new Bed
* new fridge
* new microwave
* new tiles grouting & caulking
* new chair
* new vanity
* new paint throughout
* new carpet
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 15,973 properties. Over the last 5 years, Houses in Carlton have seen a 2.56% increase in median value, while Units have seen a -14.08% decrease. As at 30 June 2026:
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