509/488 Swanston Street, Carlton, VIC 3053 | Property Value & History | OnTheHouse
OFF MARKET

509/488 Swanston Street
Carlton VIC 3053

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 52m2
Land area: 2783m2
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Property Details for 509/488 Swanston St, Carlton

509/488 Swanston St, Carlton is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2002. The property has a land size of 2783m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
2002
Floor Size
52m2
Land Size
2783m2
Local Government
Melbourne
Lot/Plan
509/PS419697

Last Listing description (June 2024)

FULLY FURNISHED - Just bring your personal belongings to move in!

Delivering a wonderful floor plan over two levels and located in the 'Arrow on Swanston' complex which is an easy stroll to both the University of Melbourne and RMIT University, this stylish 2 bedroom apartment is an unbeatable home on the city's edge.

Offering wonderful natural light and great contemporary interiors, the building's close proximity to two of Australia's best universities is sure to make this pleasing location a home. Enjoy bright living/meals, stylish kitchen with fridge, oven, electric cooktop and microwave, second bedroom with mirrored BIR, spiral staircase down to the main bedroom and central bathroom.

Additional features:-
-Balcony
-Split system heating and airconditioning upstairs AND downstairs
-Secure intercom entry.

Residents of 'Arrow on Swanston' will also have access to a building manager, heated pool, sauna, communal laundry and gymnasium. This amazing Carlton location has you so close to iconic Lygon Street restaurants and shopping, Melbourne Central with shops and trains, Lincoln Square, Argyle Square, Carlton Gardens, Queen Victoria Market, and trams taking you to the CBD.

*Please note that car parking is available subject to availability in the building, charges apply. This is not built into the rent and is separate*

Please register to inspect.

(Fruit bowl is not included).

Property History for 509/488 Swanston St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$280,000
16 Mar 2022
Listed for Rent
13 Jun 2024
  • 01 May 2024
    Listed for Rent $595 / week
  • 04 Apr 2023
    Listed for Rent $600 / week
  • 16 Mar 2022
    Sold for $280,000
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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 16,029 properties. Over the last 5 years, Houses in Carlton have seen a 11.55% increase in median value, while Units have seen a -2.13% decrease. As at 30 November 2025:

  • The median value for Houses in Carlton is $1,669,881 while the median value for Units is $337,144.
  • Houses have a median rent of $675 while Units have a median rent of $550.
There are currently 57 properties listed for sale, and 82 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.