783/488 Swanston StreetCarlton VIC 3053
Property Details for 783/488 Swanston St, Carlton
783/488 Swanston St, Carlton is a 1 bedroom, 1 bathroom Unit and was built in 2002. The property has a land size of 2783m2 and floor size of 26m2. While the property is not currently for sale or for rent, it was last sold in June 2025.
Last Listing description (July 2025)
Fantastic opportunity to secure this affordable residence, in the popular Arrow on Swanston complex, attracting a strong rent return of $1,596pcm.
The modern apartment features an open plan living/dining room, split system cooling and heating, smart design kitchen, private balcony, separate bedroom and central bathroom.
Location is world class, close to the vibrant bars, restaurants, cafes, CBD, Melbourne Central, QV Shopping, public transport options, scenic bike trails, galleries and parkland.
Securely leased at $1,596pcm until 30th April 2028.
Yearly CPI Rent Increases.
Property History for 783/488 Swanston St, Carlton, VIC 3053
- 06 Jun 2025Sold for $180,000
- 05 Feb 2025Listed for Sale Under Contract
- 10 Sep 2001Sold for $160,000
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 16,059 properties. Over the last 5 years, Houses in Carlton have seen a 2.56% increase in median value, while Units have seen a -14.08% decrease. As at 30 June 2026:
- The median value for Houses in Carlton is $1,429,732 while the median value for Units is $346,504.
- Houses have a median rent of $895 while Units have a median rent of $570.
Suburb Insights for Carlton 3053
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