816/131 Pelham StreetCarlton VIC 3053
Property Details for 816/131 Pelham St, Carlton
816/131 Pelham St, Carlton is a 1 bedroom, 1 bathroom Apartment. The property has a land size of 22m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 1 bedroom Apartment sold in Carlton in the last 12 months.
Last Listing description (December 2024)
*THIS PROPERTY NOT ONLY OBTAINED A TOP RESULT, BUT WAS SOLD WITH NO UPFRONT COSTS TO OUR OWNERS. TO FIND OUT MORE, PLEASE CONTACT PETER DOAN ON 0400 423 218*
A rare opportunity exists to purchase a great Blue-Chip investment being a fully furnished apartment in an area with high student accommodation demand with consistent high yield and returns. Alternatively, purchase the unit for a place for your son/daughter to live in for their university years
Situated ideally on the 8th level, this fully furnished one bedroom studio oozes plenty of natural sunlight, a safe environment and close proximity to major university and hospital precincts. Its clever layout which incorporates study area with custom-built desk and flexible bedroom/living area complemented by room divider, storage cupboard/robe and private balcony to soak in the beautiful direct park views of Lincoln Square.
The secure complex provides access to laundry facilities and a communal lounge. Ideally located on the corner of Swanston & Pelham Street, Carlton; within walking distance to Melbourne University, RMIT & City Centre. Parks, City Bath, Victoria Market & and Lygon Street Restaurants only minutes away. Tram stops are at the door step for convenient access, or embrace the advantage of the Free Tram Zone around the corner. With higher than ever rental demands There is never a better opportunity than now to invest in this student accommodation in the top suburb of Carlton
This Student Accommodation is currently leased at $381 per week, making this a super solid 12.5% return on investment per annum.
Please call Peter Doan on 0400 423 218 for more information
Property History for 816/131 Pelham St, Carlton, VIC 3053
- 23 Dec 2024Sold for $160,000
- 27 Sep 2024Listed for Sale $150,000 - $165,000
- 10 Feb 2021Listed for Rent $200 / week
Recent sales nearby
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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 16,032 properties. Over the last 5 years, Houses in Carlton have seen a 11.55% increase in median value, while Units have seen a -2.13% decrease. As at 30 November 2025:
- The median value for Houses in Carlton is $1,669,881 while the median value for Units is $337,144.
- Houses have a median rent of $675 while Units have a median rent of $550.
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