1217/131 Pelham St

Off Market

1217/131 Pelham St

Carlton VIC 3053

Apartment

Last sold for $160,000

Nick Richards, last sold this property on 08 August 2025 after 44 days on market.

Overview

Smart Design Meets City Lifestyle in the Heart of Carlton - 13% return

Situated on the top floor of 131 Pelham Street. Step into a smartly designed, fully furnished apartment in the vibrant heart of Carlton. perfect for first-home buyers, Students, or savvy investors. With a unique floor plan that maximises space and natural light, this compact yet thoughtfully laid-out apartment offers all the essentials for modern living without compromising on comfort or style. Enjoy sweeping views to the west of Melbourne from your private balcony over looking adjacent Lincoln Square , the perfect place to unwind at the end of the day. The clean and tidy interior boasts a well-equipped kitchen complete with built-in microwave and fridge, making daily living easy and efficient. The open-plan living area is cleverly arranged to enhance functionality while maintaining a sleek, minimalist feel. Every inch of this apartment is designed for convenience. Fully furnished with quality pieces, it's move-in ready and ideal for short or long-term leasing. A standout investment opportunity with a 13% gross return in one of Melbourne's most desirable inner-city locations. The building also offers secure access and excellent maintenance standards. Positioned close to the University of Melbourne, public transport, and Lygon Street's vibrant dining precinct, this is an unbeatable location that continues to attract high demand. Whether you're buying your first property or adding to your investment portfolio, this apartment delivers lifestyle and long-term potential in equal measure.

Features

1 bedroom

1 bathroom

Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Carlton over the last 12 months, the estimated median property value of 1217/131 Pelham St is $246k.

Median value

$246k

Estimated value range

$130k - $745k

Median days on market

Estimated value trend

-16%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Carlton. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1217/131 Pelham St

2025

Sold

$160,000

Private Sale/Treaty on 08 Aug 2025 by Nick Richards, of Precinct Real Estate

Happy sellers in Carlton

77%

77% of sellers in Carlton reported that their sale price either exceeded or met their price expectations.

Carlton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 42 reviews in Carlton over the last 12 months.

Local market activity for 1 bedroom apartments in Carlton

In the last 12 months, 145 one-bedroom apartments similar to 1217/131 Pelham St, have been sold.

This represents a 5% increase in one-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Carlton for a free market appraisal.

Peter Doan

at Bow Residential

4.9

(331 reviews)

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at Belle Property Carlton | Melbourne | North Melbourne

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F.R. Chee

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(13 reviews)

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Scott McElroy

at Belle Property Carlton | Melbourne | North Melbourne

(89 reviews)

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Nearby agents

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Peter Doan

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