817/131 Pelham St, Carlton is a 1 bedroom, 1 bathroom Unit. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 1 bedroom Unit sold in Carlton in the last 12 months.
The ultimate investment in Student Accommodation. Perfectly suited for both investors and parents planning ahead for their university-bound children, this spacious and well-designed apartment offers comfort, space, fabulous city views, and solid returns in a prime location.
Ideally located on the corner of Swanston and Pelham street, within walking distance of Melbourne University, RMIT and the City Centre. Parks, Melbourne City Baths, Queen Victoria Market and Lygon Street restaurants only minutes away, either walking or via tram at the doorstep.
Current rental at approx $416/week!
Property Features
- Security Entrance
- 250m to Melbourne University
- Communal Laundry onsite
- Lifts
- Bike Storage
- Wifi available through Superloop
With rental demand on the rise, this is an exceptional opportunity to capitalise on the growing student accommodation sector. Don’t miss out - contact us today to arrange an inspection and secure this fantastic investment.
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We have, in preparing this document, used our best endeavors to ensure that the information contained is accurate. Images with staged furnishings as indicated on the photos. Prospective purchasers should independently verify all information provided and consult the due diligence checklist provided by Consumer Affairs Victoria
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 16,053 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:
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