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124/800 Swanston Street, Carlton$262,500
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For Saleapartment

124/800 Swanston Street

Carlton, VIC 3053, Australia
$250,000 – $275,000
2 bed 1 bath69 m²

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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

Repayment calculator

$1,273/month
$636 /fortnight
Loan $210,000 at 6.10% over 30 years

Upfront costs

Deposit$52,500
Stamp duty$10,820
Conveyancing (est.)$2,000
Total upfront$65,320
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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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 Hairdresser410 m away
  • Unnamed79 m away
  • Unnamed98 m away
  • Physics Courtyard116 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

$548kcurrent median

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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Within 5km

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