661/488 Swanston StreetCarlton VIC 3053
Property Details for 661/488 Swanston St, Carlton
661/488 Swanston St, Carlton is a 2 bedroom, 1 bathroom Unit and was built in 2002. The property has a land size of 2783m2 and floor size of 32m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Last Listing description (May 2022)
This sensational one-of-a-kind 3 bedroom apartment is perfectly positioned high up in the esteemed 'Arrow On Swanston' complex. Perfect for Investment as an ideal student-share rental property, this stunning & newly refurbished apartment offers a high rental yield opportunity & minimal maintenance. Facing out onto Swanston Street, enjoy bright & broad North-West views welcoming abundant natural light throughout. Situated in one of Melbourne's most sought-after university precinct, this immaculately presented city abode has all the makings of a convenient inner-city pad or a suave addition to any savvy investor's portfolio.
The tiled entrance opens onto a stylish & convenient kitchen with ample storage, 3 single-bed sized bedrooms & a perfectly perched balcony enjoying sun morning til dusk.
The light & modern interior comes complete with, split system cooling/heating unit & NBN ready network. The apartment comes furnished with white goods & bedding.
The spectacular location is second to none with Swanston Street tram stop right at your doorstep & within close proximity to Queen Victoria Market, Melbourne Central Shopping Centre, Universities & more. This apartment provides an ultra-convenient & relaxed 'City-Lifestyle' that allows you to enjoy the best Melbourne has to offer. Being in the heart of everything, this well established & modern apartment makes a wonderful investment or perfect entry-level city home for anyone looking to buy in the heart of the 'World's most livable city'.
Property History for 661/488 Swanston St, Carlton, VIC 3053
- 24 May 2022Sold for $240,000
- 23 Mar 2022Listed for Sale $240,000
- 12 Apr 2015Sold for $232,000
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 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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