504/555 Swanston Street
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About this property
Ideally positioned within the highly sought-after Swanston Square development, this contemporary two-bedroom apartment presents an exceptional opportunity for owner-occupiers and investors seeking modern comfort, everyday convenience and outstanding investment appeal. Designed for effortless, low-maintenance living, the intelligently planned layout maximises space, natural light and everyday functionality. The open-plan living and dining area flows seamlessly to a private balcony, creating an inviting setting to relax or entertain. A well-appointed kitchen is equipped with quality appliances and ample storage, complementing the generous living zone, while both spacious bedrooms feature built-in robes and are serviced by a stylish central bathroom, delivering comfort and practicality for modern city living. Residents enjoy access to an impressive selection of premium resident facilities, further enhancing the lifestyle appeal of this highly regarded development. Combined with its functional floorplan, quality finishes and sought-after location, the apartment offers broad appeal for both owner-occupiers and astute investors. Perfectly positioned on the doorstep of the University of Melbourne, RMIT University, Melbourne Central, Queen Victoria Market and the vibrant dining scene of Lygon Street, the apartment also benefits from immediate access to the Free Tram Zone and Melbourne's extensive public transport network. The property delivers an attractive approximate 9% gross rental yield, providing immediate rental income and exceptional investment performance. Coupled with consistently strong tenant demand and one of Carlton's most tightly held locations, this is an outstanding opportunity to secure a quality residence with excellent long-term growth potential and enduring lifestyle appeal. Please note: furniture in some images has been virtually staged for illustrative purposes only.
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 2
- Parking
- 1
- Listed
- 1 week 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 2% below the $525,000 median of 74 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
- Parkville (train) — 659 m away
- Lygon Hairdresser — 1.1 km away
- Argyle Square — 422 m away
- Unnamed — 653 m away
- Unnamed — 810 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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Full Carlton marketThis listing
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Price history
Listing price changes
2 price changes recorded for this property
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