701/518 Swanston Street, Carlton, VIC 3053 | Property Value & History | OnTheHouse
OFF MARKET

701/518 Swanston Street
Carlton VIC 3053

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 63m2
Land area: 552m2
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Property Details for 701/518 Swanston St, Carlton

701/518 Swanston St, Carlton is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 552m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in November 2012.

Building Type
Unit
Year Built
2014
Floor Size
63m2
Land Size
552m2
Local Government
Melbourne
Lot/Plan
701/PS711338

Last Listing description (January 2026)

Superbly situated on the 7th floor of the 2016 UDIA award winning Upper House development, this two-bedroom, one bathroom apartment offers an unbeatable inner city lifestyle. Location is key with a tram stop right in front, taking you to Melbourne and RMIT Universities doors and transporting you right into the city. Restaurants and cafs on Lygon Street offer a unique atmosphere and true European nightlife for residents and visitors alike.

The apartment itself enjoys a great sense of entry, with a second security door and a private foyer. Open plan living and dining with quality appliances, connected to a private balcony. Two bedrooms one with a private balcony, both with built in robes and an abundance of natural light, separated by a stylish central bathroom.

Additionally, the Jackson Clements Burrows designed building offers a fantastic yet low-maintenance amenity of the 11th floor with three huge communal terraces, a private lounge, gym and kitchen, ideal for hosting friends and family. This is certainly an opportunity not to be missed by the discerning owner occupier in search of a stylish residence, or an inner-city pad for the weekends. Best experienced upon inspection, the Upper House lifestyle awaits you.

This is a furnished apartment, available from 13/02/2026 and for 12 month lease

Photos may not reflect the actual unit accurately therefore please rely on on site inspection.

Errorsand omissions excepted.

Property History for 701/518 Swanston St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$538,500
28 Nov 2012
Listed for Rent
$710/w
23 Jan 2026
  • 19 Jan 2026
    Listed for Rent $710 / week
  • 09 Jan 2024
    Listed for Rent $680 / week
  • 14 Feb 2022
    Listed for Rent $400 / 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 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.
There are currently 64 properties listed for sale, and 65 properties listed for rent in Carlton on OnTheHouse. According to Cotality's data, 663 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.