4007/550 Lygon StreetCarlton VIC 3053
Property Details for 4007/550 Lygon St, Carlton
4007/550 Lygon St, Carlton is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 1 bedroom Apartment sold in Carlton in the last 12 months.
Last Listing description (May 2026)
Perfectly positioned on the first level (GL07) of this medium density block, just moments from The University of Melbourne, RMIT and the major education and medical precinct, this apartment sits in one of Melbourne’s most sought-after lifestyle corridors.
With the tram stop literally at your doorstep, direct access to the CBD, Lygon Street dining, cafés, bars, and parklands is effortless, making this an ideal choice for students, academics, professionals, and investors seeking consistently strong rental demand.
The residence is blessed with good natural light, an open plan living/dining room, kitchen/meals, bedroom with robes, the study makes for a great “work from home” space and a bathroom with laundry area.
The apartment has had some modern updates, along with polished floors, that provide you with both contemporary finishes and a homely feel.
This apartment is ideal for first home buyers, a Melbourne base or for rental investors looking to attract a strong rent return.
Property History for 4007/550 Lygon St, Carlton, VIC 3053
- 29 May 2026Sold for $204,000
- 12 May 2026Listed for Sale Under Contract
- 28 Jan 2022Sold for $180,000
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 15,938 properties. Over the last 5 years, Houses in Carlton have seen a -12.67% decrease in median value, while Units have seen a -15.94% decrease. As at 31 May 2026:
- The median value for Houses in Carlton is $1,468,327 while the median value for Units is $342,973.
- Houses have a median rent of $895 while Units have a median rent of $560.
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