715/488 Swanston Street, Carlton, VIC 3053 | Property Value & History | OnTheHouse
OFF MARKET

715/488 Swanston Street
Carlton VIC 3053

Bedrooms: -
Bathrooms: 1
Car spaces: 1
Land area: 2783m2
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Property Details for 715/488 Swanston St, Carlton

715/488 Swanston St, Carlton is a 0 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 2783m2. While the property is not currently for sale or for rent, it was last sold in March 2024.

Building Type
Unit
Year Built
2002
Land Size
2783m2
Local Government
Melbourne
Lot/Plan
715/PS419697

Last Listing description (July 2026)

***Furniture and Appliances In Photo Are For Illustration Purposes. Consult Agent For Updated Furniture and Appliances Details****

Positioned in a prime locale along Swanston St, this fully furnished studio apartment at Arrow Apartments offers exceptional convenience, comfort and lifestyle appeal for those seeking an easy inner-city home close to universities, transport, hospitals, cafs and the Melbourne CBD. Residents are moments from Melbourne University, RMIT, Lygon Street dining, Queen Victoria Market, Melbourne Central, public transport and the CBD. Whether you are studying, working nearby or simply wanting to enjoy Carlton's vibrant lifestyle, this apartment places daily essentials, cafs, restaurants and city attractions within easy reach.

Perfectly suited to students, young professionals, university staff or city-based renters, the apartment is ready to move straight into and comes furnished with a double bed, bedside table, study table and chair, fridge, washing machine, and microwave. The practical studio layout provides a comfortable living, sleeping and study space, making it an ideal low-maintenance option for busy renters wanting everything they need in one convenient address. In addition there is a fixed wall heating and cooling unit within the property.

Enjoy the added lifestyle benefits of building amenities including a heated indoor pool, gym and sauna, along with the convenience and peace of mind of an onsite building manager.

Property features:
- Fully furnished studio apartment
- Double bed, bedside table, study table and study chair included
- Fridge, washing machine and microwave provided
- Practical open-plan studio layout
- Ideal for students, professionals and inner-city renters
- Heated indoor pool, gym and sauna within the building
- Onsite building manager
- Excellent access to public transport along Swanston Street
- Close to Melbourne University, RMIT, Lygon Street, Queen Victoria Market and CBD
- Low-maintenance, ready-to-move-in living

This is a smart and convenient Carlton apartment for renters who value location, lifestyle and the ease of a fully furnished home.

Contact us now to organise an inspection of the property.

Property History for 715/488 Swanston St, Carlton, VIC 3053

A timeline of how this property has performed in the market
Last Sold
$155,000
01 Mar 2024
Listed for Rent
01 Mar 2023
  • 07 Jul 2026
    Listed for Rent $420 / week
  • 29 Apr 2024
    Listed for Sale $150,000 - $160,000
  • 01 Mar 2024
    Sold for $155,000
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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 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 63 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.