706/42-50 Barry StreetCarlton VIC 3053
Property Details for 706/42-50 Barry St, Carlton
706/42-50 Barry St, Carlton is a 1 bedroom, 1 bathroom Unit and was built in 2006. The property has a land size of 387m2.
Last Listing description (January 2017)
Buy 1 or buy all 13 the choice is yours with the whole 7th floor available to be purchased.
These Fully Furnished 1 bedroom Studio apartments come with kitchen, separate bathroom, bed, tv, fridge and microwave and are all tenanted with an approx. return of $14,000 per annum.
Unlike most inner city studio apartments YOU CAN ACTUALLY LIVE HERE should you wish or leave as a secure investment with very minimal or no vacancy as is the current situation and a NET RETURN of approx. 7-7.5%.
Located with all amenities just a hop, skip and jump away you could just about throw a stone into the CBD or Melbourne Uni, THAT S HOW CLOSE EVERYTHING IS.
Great for a super fund you can simply buy, set and forget whether you acquire 1-2 or all 13 studios that are available for purchase, the choice is yours.
Property History for 706/42-50 Barry St, Carlton, VIC 3053
- 08 Aug 2016Listed for Sale $155,000 - $169,000
- 29 Sep 2015Listed for Rent $270 / week
- 22 Oct 2013Listed for Rent $265 / week
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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