609/488 Swanston Street, Carlton, VIC 3053 sold on 26 October 2025 | OnTheHouse
SOLD
Sold on 26 Oct 2025 for $240,000

609/488 Swanston Street
Carlton VIC 3053

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Property Details for 609/488 Swanston St, Carlton

609/488 Swanston St, Carlton is a 2 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 2 bedroom Apartment sold in Carlton in the last 12 months.

Building Type
Apartment

Last Listing description (October 2025)

Experience the best of inner-city living in this stylish two-bedroom apartment with brand new carpet, perfectly positioned on Swanston Street. Every aspect of this home is designed for convenience and contemporary living—whether you’re studying, working, or enjoying Melbourne’s vibrant dining and entertainment scene.

Step inside to discover a thoughtful layout with a sleek kitchen, a modern bathroom, and two bedrooms. A flexible study area can double as a home office. The living area offers a bright, relaxed space to unwind or entertain.

Residents also benefit from exceptional building amenities, including a heated indoor pool, gym, sauna, and onsite management, adding ease and comfort to everyday life. With secure access and everything from trams to cafes, restaurants, Queen Victoria Market, and the CBD within walking distance, this apartment is ideal for students, professionals, or investors seeking a central lifestyle with minimal upkeep.

Property History for 609/488 Swanston St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$240,000
26 Oct 2025
  • 25 Nov 2025
    Listed for Sale $230,000-$250,000
  • 25 Nov 2025
    Sold for $303,000
  • 07 Mar 2025
    Listed for Rent $355 WEEKLY
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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 15,973 properties. Over the last 5 years, Houses in Carlton have seen a 2.56% increase in median value, while Units have seen a -14.08% decrease. As at 30 June 2026:

  • The median value for Houses in Carlton is $1,429,732 while the median value for Units is $346,504.
  • Houses have a median rent of $895 while Units have a median rent of $570.
There are currently 68 properties listed for sale, and 63 properties listed for rent in Carlton on OnTheHouse. According to Cotality's data, 646 properties were sold in the past 12 months in Carlton.

Suburb Insights for Carlton 3053

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Christine Ting
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Ironfish Real Estate Melbourne
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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.