709/495 Rathdowne Street, Carlton, VIC 3053 | Property Value & History | OnTheHouse
OFF MARKET

709/495 Rathdowne Street
Carlton VIC 3053

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 1438m2
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Property Details for 709/495 Rathdowne St, Carlton

709/495 Rathdowne St, Carlton is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 1438m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
Unit
Year Built
2016
Floor Size
50m2
Land Size
1438m2
Local Government
Melbourne
Lot/Plan
709N8/PS627030

Last Listing description (February 2026)

Expressions of Interest Closing Monday 16th February at 5.00pm

Positioned high within a modern apartment complex, this well-presented one-bedroom apartment offers an ideal opportunity for first home buyers, investors, or students seeking a low-maintenance lifestyle with excellent inner-city connectivity. With an efficient layout, natural light, and a dedicated study zone, the apartment balances comfort with practicality.


The open-plan living and dining area is finished with floorboards throughout and flows seamlessly to a private balcony, creating a relaxed space for everyday living. The dining and meals area is neatly positioned within the kitchen zone, maximising space and functionality while maintaining a cohesive layout.

The galley-style kitchen is thoughtfully designed and features stone benchtops, a gas cooktop, electric oven, single-drawer dishwasher, and ample storage. A glass mirrored splashback enhances the sense of space while adding a modern touch to the overall finish.

The bedroom is filled with natural light, and includes a built-in robe for convenient storage. A separate home office area adds flexibility for work-from-home arrangements or study. The tiled bathroom is well appointed with a floating vanity, cabinet, and clean modern finishes. Split-system heating and cooling ensures year-round comfort, while secure car parking adds further appeal.

Ideally located along Rathdowne Street, the apartment enjoys close proximity to Lygon Street,
Lygon Court, Barkly Square and Melbourne Central. Public transport options include bus routes
250 and 251, tram routes 1 and 6, and nearby access to Victoria Park Station and Parliament Station, along with convenient connections to the Eastern Freeway. The property is well positioned near University of Melbourne, RMIT University and Swinburne University of Technology, while nearby green spaces include Princes Park, Neil Street Linear Reserve, Edinburgh Gardens, Carlton Gardens and Royal Park, all offering easy access to outdoor recreation and the CBD.

Property History for 709/495 Rathdowne St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$395,000
30 Apr 2021
Listed for Rent
$550/w
25 Nov 2024
  • 20 Jan 2026
    Listed for Sale $360,000 - $390,000
  • 08 Nov 2023
    Listed for Rent $550 / week
  • 17 Feb 2023
    Listed for Rent $520 / week
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About Carlton 3053

The size of Carlton is approximately 1.7 square kilometres. It has 9 parks covering nearly 20.9% of 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 16,052 properties. Over the last 5 years, Houses in Carlton have seen a -2.64% decrease in median value, while Units have seen a -10.58% decrease. As at 31 December 2025:

  • The median value for Houses in Carlton is $1,509,181 while the median value for Units is $328,866.
  • Houses have a median rent of $675 while Units have a median rent of $550.
There are currently 61 properties listed for sale, and 99 properties listed for rent in Carlton on OnTheHouse. According to Cotality's data, 655 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.