768/488 Swanston St, Carlton is a 2 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 2 bedroom Apartment sold in Carlton in the last 12 months.
Perched on the 6th floor of the sought-after “Arrow on Swanston” complex, this two-bedroom apartment presents an exciting opportunity for both homebuyers and investors.
Residents enjoy access to premium on-site amenities including a heated indoor pool, fully equipped gym, sauna, and the support of a dedicated building manager—bringing convenience and lifestyle together.
The apartment itself offers a light-filled open plan living and dining area, a practical kitchen, central bathroom, and a private balcony with elevated views.
With an expected rental range of $500–$550 per week, it represents a solid investment option or an affordable inner-city base.
Perfectly positioned within walking distance to universities, trams at your doorstep, lively cafés, restaurants, and green parklands, this property delivers unbeatable Carlton convenience.
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 16,029 properties. Over the last 5 years, Houses in Carlton have seen a 17.50% increase in median value, while Units have seen a 4.15% increase. As at 31 October 2025:
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