Home/Properties/Carlton/603/488 Swanston Street
603/488 Swanston Street, Carlton$302,500
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For Saleapartment

603/488 Swanston Street

Carlton, VIC 3053, Australia
$290,000 – $315,000
2 bed 1 bath

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About this property

Perfectly positioned in the heart of Carlton, this versatile two-bedroom apartment offers exceptional convenience, with tram stops right at your doorstep. Enjoy an unbeatable lifestyle within walking distance of Melbourne University, RMIT University, Lygon Street's renowned restaurants, cafés and bars, Melbourne Central, Carlton Gardens, Lincoln Square, Argyle Square, and the Queen Victoria Market. Designed with flexibility in mind, the smart floorplan can easily be configured as a three-bedroom apartment, making it an excellent option for owner-occupiers, students, or investors. One of the bedrooms features a study nook and enjoys views over Swanston Street. The light-filled open-plan kitchen, living, and dining area creates a welcoming space for everyday living. Residents of Arrow on Swanston enjoy access to excellent facilities, including a swimming pool, sauna, gymnasium, and secure intercom entry. Whether you're a first home buyer looking to enter the market or an investor seeking a property in a highly sought-after location, this is an opportunity not to be missed. Contact us today to arrange your private inspection.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Listed
5 days ago

Repayment calculator

$1,467/month
$733 /fortnight
Loan $242,000 at 6.10% over 30 years

Upfront costs

Deposit$60,500
Stamp duty$13,220
Conveyancing (est.)$2,000
Total upfront$75,720
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 41% below the $514,500 median of 76 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)672 m away
  • Lygon Hairdresser1.0 km away
  • Argyle Square376 m away
  • Unnamed591 m away
  • Unnamed785 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

1 price change recorded for this property

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Within 5km

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