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About this property
Discover this stylishly appointed studio apartment located within one of Carlton's most sought-after student accommodation complexes, just moments from RMIT University, Melbourne University, Lygon Street, and the vibrant Melbourne CBD. Currently leased at $1,629 per calendar month (approx. $375 per week), this property offers strong, consistent rental returns and represents a lucrative, low-maintenance investment opportunity for the astute buyer. Property Features: Smart Studio Design: Efficiently planned living and sleeping area with ample natural light and modern finishes throughout. - Contemporary Kitchen: Equipped with stainless-steel appliances, gas cooking, and storage cabinetry. - Modern Bathroom: Sleek and functional, featuring quality fixtures and fittings. - Comfortable Living: Includes split-system, fitted curtains, and secure intercom entry. - Furnished: Ideal for student living and immediate investment income. Lifestyle & Location: Perfectly positioned within easy walking distance to RMIT, Melbourne University, Lygon Street restaurants, Queen Victoria Market, State Library, and multiple tram routes, this property places students at the heart of everything Melbourne has to offer. Investment Appeal: With the apartment professionally managed and a long-term tenant in place, this is a true "set and forget" investment product. Student accommodation continues to deliver reliable yields well above traditional residential averages, driven by strong and growing demand from both local and international students. Whether you're expanding your portfolio or entering the investment market for the first time, this Carlton studio is a secure, hassle-free income earner in a blue-chip university location. ------ Disclaimer: Images are digitally edited and contain styled furniture for display purposes only. 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
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 1
- Bathrooms
- 1
- Listed
- 1 month ago
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Neighbourhood
Living in Carlton
This 1-bedroom apartment in Carlton, VIC 3053 sits within reach of public transport, local shops and nearby schools.
Schools near Carlton
- Carlton Gardens Primary Schoolprimary · Prep-6 · CoEd
- Carlton Primary Schoolprimary · Prep-6 · CoEd
- Saints College - BlendED Campusspecial
What's nearby
- Carlton Gardens/Rathdowne Street (bus) — 649 m away
- Lygon Hairdresser — 1.0 km away
- Argyle Square — 382 m away
- Unnamed — 429 m away
- La Mama Square — 826 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 1 bed
Compound growth -10.8% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Carlton marketSide-by-side analysis
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