701/488 Swanston Street, Carlton, VIC 3053 sold on 31 July 2025 | OnTheHouse
SOLD
Sold on 31 Jul 2025 for $280,000

701/488 Swanston Street
Carlton VIC 3053

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 701/488 Swanston St, Carlton

701/488 Swanston St, Carlton is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2002. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 1 bedroom Unit sold in Carlton in the last 12 months.

Building Type
Unit
Year Built
2002
Local Government
Melbourne
Lot/Plan
701/PS419697

Last Listing description (June 2026)

City-fringe living opposite Carlton gardens

Positioned on the 7th floor of the well-known Arrow on Swanston complex on Swanston Street, this fully furnished apartment offers low-maintenance living on the edge of the CBD in vibrant Carlton.

The apartment features a functional open-plan living and dining area, creating a comfortable space to relax or study, complemented by a practical kitchen with storage space and everyday appliances. Large windows allow for good natural light while framing a pleasant urban outlook.

The bedroom is well-proportioned with built-in storage and is serviced by a neat central bathroom. Offered fully furnished, the apartment includes essential furniture and appliances, making it ideal for students or professionals seeking a convenient, move-in ready home.

The apartment also features a versatile second room, ideal as a large study or flexible space that can be adapted to suit your needs, whether for working from home or additional storage.

Living at 'Arrow on Swanston' enjoy the perks of a heated swimming pool, gymnasium, sauna and residents lounge.

Ideally located directly opposite the Carlton Gardens, and within walking distance to the University of Melbourne, RMIT, public transport, cafes and the CBD, this apartment delivers exceptional convenience in a highly sought-after location.

*Please enter via the Northern entrance.

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Property History for 701/488 Swanston St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$280,000
31 Jul 2025
  • 06 May 2026
    Listed for Rent $550 WEEKLY
  • 31 Jul 2025
    Sold - Price Undisclosed
  • 20 Jun 2025
    Listed for Sale $280,000 - $300,000
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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 15,974 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, 647 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.