607/488 Swanston Street, Carlton, VIC 3053 | Property Value & History | OnTheHouse
OFF MARKET

607/488 Swanston Street
Carlton VIC 3053

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 2783m2
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Property Details for 607/488 Swanston St, Carlton

607/488 Swanston St, Carlton is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 2783m2. While the property is not currently for sale or for rent, it was last sold in January 2019.

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

Last Listing description (April 2026)

This comfortable two-bedroom, one-bathroom furnished apartment offers the perfect blend of comfort and convenience in the heart of Carlton. Featuring an open-plan living and dining area, the space is designed to maximize natural light while providing a warm and inviting atmosphere. The modern kitchen comes equipped with essential appliances, making meal preparation effortless. Both bedrooms are well-sized and include built-in wardrobes for ample storage.

Designed for easy city living, this apartment comes fully furnished, allowing for a seamless move-in experience. Residents also have access to excellent building amenities, including a gym, swimming pool, and secure entry, ensuring both relaxation and peace of mind. The contemporary bathroom is well-appointed, complementing the sleek and functional design of the home.

Perfectly positioned near RMIT University, the University of Melbourne, and Queen Victoria Market, this apartment offers unbeatable access to public transport, cafes, and shopping. Whether you're a student, professional, or investor, this is an excellent opportunity to secure a well-located property in one of Melbournes most vibrant precincts.

Property History for 607/488 Swanston St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$226,500
01 Jan 2019
Listed for Rent
$450/w
06 Mar 2023
  • 24 Feb 2026
    Listed for Rent $550 / week
  • 19 Feb 2025
    Listed for Rent $600 / week
  • 16 Feb 2024
    Listed for Rent $550 / week
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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 15,808 properties. Over the last 5 years, Houses in Carlton have seen a -18.29% decrease in median value, while Units have seen a -11.08% decrease. As at 31 August 2026:

  • The median value for Houses in Carlton is $1,305,658 while the median value for Units is $354,704.
  • Houses have a median rent of $895 while Units have a median rent of $570.
There are currently 55 properties listed for sale, and 64 properties listed for rent in Carlton on OnTheHouse. According to Cotality's data, 635 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.