505/123 Pelham Street, Carlton, VIC 3053 | Property Value & History | OnTheHouse
OFF MARKET

505/123 Pelham Street
Carlton VIC 3053

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 53m2
Land area: 1090m2
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Property Details for 505/123 Pelham St, Carlton

505/123 Pelham St, Carlton is a 2 bedroom, 1 bathroom Unit and was built in 2008. The property has a land size of 1090m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
Unit
Year Built
2008
Floor Size
53m2
Land Size
1090m2
Local Government
Melbourne
Lot/Plan
505/PS702878

Last Listing description (December 2020)

In the luxurious Bravo development, this impressive apartment with, lift entry and intercom, an abundance of natural light and expansive northerly views, is an ideal CBD home or investment, moments from the historic Lincoln and Argyle Squares and within easy walking distance to Lygon Street, RMIT, Melbourne University, and the hospital precinct. Comprising of 2 double bedrooms, living/dining open to superbly equipped kitchen, stylish bathroom/laundry and covered full-width balcony, the residence features engineered oak floors, ample storage and air conditioning. The Bravo development also possesses secure bike storage and a rooftop garden and BBQ area with widespread views across Carlton Gardens and the city skyline.

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Property History for 505/123 Pelham St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$501,000
09 Jul 2020
Listed for Rent
$415/w
15 Dec 2020
  • 28 Aug 2020
    Listed for Rent $415 / week
  • 09 Jul 2020
    Sold for $501,000
  • 27 May 2020
    Listed for Sale $510,000
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About Carlton 3053

The size of Carlton is approximately 1.7 square kilometres. It has 9 parks covering nearly 20.9% of 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 16,047 properties. Over the last 5 years, Houses in Carlton have seen a 1.31% increase in median value, while Units have seen a -12.97% decrease. As at 31 January 2026:

  • The median value for Houses in Carlton is $1,572,249 while the median value for Units is $326,979.
  • Houses have a median rent of $680 while Units have a median rent of $550.
There are currently 63 properties listed for sale, and 79 properties listed for rent in Carlton on OnTheHouse. According to Cotality's data, 648 properties were sold in the past 12 months in Carlton.

Suburb Insights for Carlton 3053

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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.