508A/640 Swanston StreetCarlton VIC 3053
Property Details for 508a/640 Swanston St, Carlton
508a/640 Swanston St, Carlton is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 41m2 and floor size of 38m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 1 bedroom Unit sold in Carlton in the last 12 months.
Last Listing description (November 2025)
A Rare Opportunity In the Middle of the Universities Precinct.
Superb investment property opportunity. Returns $23,000+ in rent collected annually. Don't miss this opportunity to purchase in a highly popular precinct!
Here's other reasons why you should invest in this apartment:
It is modern and low maintenance.
Very close to Melbourne University and RMIT.
Tram stop at your doorstep.
Famous Lygon Street eateries nearby.
Owner just installed a brand new kitchen benchtop.
Comes with a secure carpark.
Very quiet as it faces internal courtyard.
Outgoings are:
Water rate $722.50 per year
Council rate $890.50 per year
Owner Corporation $3243 per year
Contact us to arrange an inspection now.
Property History for 508a/640 Swanston St, Carlton, VIC 3053
- 28 Oct 2025Sold for $335,000
- 24 Mar 2025Listed for Sale Under Contract
- 26 Jul 2023Listed for Rent $435 / week
Recent sales nearby
See more recent sales nearby/assets/perm/p6ac35x6gii63d35nu26dabtkm?signature=e5927b0f0183dc9c894da521d61aaf7f35ee13f4d12db748d8638a3c77b0f13f){kind=logo}
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0About 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 16,058 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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