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710/488 Swanston Street, Carlton$258,000
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For Saleapartment

710/488 Swanston Street

Carlton, VIC 3053, Australia
$258,000
2 bed 1 bath

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About this property

** The furniture is for illustration only ** ** High return on investment with approx. 9% gross annual yield ** Perfectly positioned in one of Melbourne's most vibrant and sought-after precincts, this well-presented 2-bedroom apartment offers an outstanding lifestyle and investment opportunity. Ideally located within walking distance to the University of Melbourne, RMIT University, Queen Victoria Market, renowned cafes, restaurants, shopping amenities and city trams right at your doorstep. Residents enjoy access to premium facilities including an indoor heated swimming pool, sauna, gymnasium and communal laundry. An affordable and low-maintenance residence in an unbeatable location ideal for investors, students or city lifestyle seekers.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Listed
3 months ago

Repayment calculator

$1,251/month
$625 /fortnight
Loan $206,400 at 6.10% over 30 years

Upfront costs

Deposit$51,600
Stamp duty$10,550
Conveyancing (est.)$2,000
Total upfront$64,150
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 51% below the $525,000 median of 75 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

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1 price change recorded for this property

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Within 5km

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