124/800 Swanston Street
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About this property
An outstanding opportunity awaits astute investors and SMSF buyers with this highly rentable student accommodation unit located within the iconic Student Living 800 Swanston Street complex, one of Carlton's most sought-after addresses for purpose-built student residence.Positioned literally steps from the University of Melbourne and with tram services on the doorstep connecting you to the CBD and wider Melbourne, this property captures premium student demand year-in, year-out. Unit 124 comprises a well-configured 2 bedroom, 1 bathroom layout that appeals perfectly to both owner-occupiers and investors seeking strong income from the student rental market. This unit is currently returning an impressive $3,130 per month - delivering exceptional cash flow with minimal lease vacancy risk and ongoing appeal given its prime location. Set within a professionally managed student community, the building offers residents access to a range of lifestyle and onsite facilities tailored to student living, including lounges, study spaces, gym, pool and more. Key Investment Highlights * Premium student accommodation positioned at the heart of Carlton * Strong income return of approx. $3,130 per month * 2 bedroom, 1 bathroom layout with strong demand from tertiary tenants * Part of the Student Living 800 Swanston Street complex - a proven student housing asset with excellent amenity and community features * Steps to University of Melbourne, RMIT and public transport * Fully furnished and ready-made investment Whether you're looking to expand your portfolio or secure a high-yield asset in Melbourne's tight rental market, 124/800 Swanston Street presents a rare and compelling offering with solid fundamentals and future capital growth potential. For more information or to arrange a private inspection, contact the selling agent today.
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 1
- Land Area
- 69 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Carlton
This 2-bedroom apartment in Carlton, VIC 3053 sits within reach of public transport, local shops and nearby schools. It is listed 54% below the $574,500 median of 52 comparable apartmentswithin 5 km.
Schools near Carlton
- Carlton Gardens Primary Schoolprimary · Prep-6 · CoEd
- Carlton Primary Schoolprimary · Prep-6 · CoEd
- Saints College - BlendED Campusspecial
What's nearby
- Elgin Street/Lygon Street (bus) — 257 m away
- Lygon Hairdresser — 410 m away
- Unnamed — 79 m away
- Unnamed — 98 m away
- Physics Courtyard — 116 m away
Carlton at a glance
Full suburb profile- Population
- 16,055
- Median age
- 27
- Household income
- $1,292/wk
- Median rent
- $365/wk
- Median mortgage
- $1,898/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Carlton price trend
Median sold · Unit 2 bed
Compound growth -2.1% / yr over 4 yrs
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Price history
Listing price changes
2 price changes recorded for this property
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