871/488 Swanston StreetCarlton VIC 3053
Property Details for 871/488 Swanston St, Carlton
871/488 Swanston St, Carlton is a 2 bedroom, 1 bathroom Unit and was built in 2002. The property has a land size of 2783m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in April 2017.
Last Listing description (June 2017)
Designed to an exemplary standard, this contemporary two-bedroom Swanston Street apartment is arranged over two floors and personifies urban-inner city living with outstanding views across the city skyline!
Positioned to take advantage of Melbourne's finest offerings, this property will provide uncompromised access to leading educational institutions - The University of Melbourne and RMIT, culturally iconic precincts such as Lygon Street and China Town, Premier Melbourne shopping, arts/dining/ sporting events and incredible transport options at your doorstep!
Offering an open plan lounge/meals area and striking contemporary kitchen upon entry, with excellent flow to the private balcony space and first bedroom with built-in-closets.
A rare find, with an interesting layout - this property is perfect for investment with an approx. $22,029 per annum rental return. Boasting outstanding building features that include: 24 hour security, electronic card access, The General Store, Gymnasium and Pool; its unbeatable central location and outstanding features make this property too good to miss out on!
Property History for 871/488 Swanston St, Carlton, VIC 3053
- 23 Apr 2017Sold for $275,000
- 19 Apr 2017Listed for Sale Sold
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 16,058 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.
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