603/488 Swanston StreetCarlton VIC 3053
Property Details for 603/488 Swanston St, Carlton
603/488 Swanston St, Carlton is a 1 bedroom, 1 bathroom Unit and was built in 2002. The property has a land size of 2783m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 1 bedroom Unit sold in Carlton in the last 12 months.
Last Listing description (October 2026)
Perfectly positioned in the heart of Carlton, this versatile two-bedroom apartment offers exceptional convenience, with tram stops right at your doorstep. Enjoy an unbeatable lifestyle within walking distance of Melbourne University, RMIT University, Lygon Street's renowned restaurants, cafs and bars, Melbourne Central, Carlton Gardens, Lincoln Square, Argyle Square, and the Queen Victoria Market.
Designed with flexibility in mind, the smart floorplan can easily be configured as a three-bedroom apartment, making it an excellent option for owner-occupiers, students, or investors. One of the bedrooms features a study nook and enjoys views over Swanston Street.
The light-filled open-plan kitchen, living, and dining area creates a welcoming space for everyday living.
Residents of Arrow on Swanston enjoy access to excellent facilities, including a swimming pool, sauna, gymnasium, and secure intercom entry.
Whether you're a first home buyer looking to enter the market or an investor seeking a property in a highly sought-after location, this is an opportunity not to be missed.
Contact us today to arrange your private inspection.
Property History for 603/488 Swanston St, Carlton, VIC 3053
- 09 Aug 2026Sold for $295,000
- 22 Jul 2026Listed for Sale $290,000 - $315,000
- 02 Dec 2020Sold for $198,000
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 15,875 properties. Over the last 5 years, Houses in Carlton have seen a -12.38% decrease in median value, while Units have seen a -13.79% decrease. As at 30 September 2026:
- The median value for Houses in Carlton is $1,384,393 while the median value for Units is $346,822.
- Houses have a median rent of $898 while Units have a median rent of $570.
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