Back 202/518 Swanston St
Off Market

202/518 Swanston St

Carlton VIC 3053

1
1
0 sq.
0 m²
Apartment

Overview

7% Return - High yield investment in central Carlton.

It is not often that such a unique opportunity arises in the renowned 'Upper House' development in this sought after pocket of Carlton. Currently leasing at $550/week furnished with very reasonable outgoings, this is an opportune moment for an astute investor to take advantage of super low interest rates and enter into this award winning building. Featuring top of the range finishes and furnished to the highest of standards, this apartment is sure to impress future tenants. The building also has amenities including a private gym, recreational lounge area and four shared terraces with 360 degree views of the city. Located a stone's throw the CBD, Melbourne's best Universities, immaculate Carlton Gardens, central tram access and an array of cuisine options in nearby Lygon Street precinct, it is clear why this part of town is so desirable. Enquire now to arrange a private inspection and secure this opportunity.

Features

1 bedroom
1 bathroom
0 sq. floor area
0 m² lot size
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 202/518 Swanston St is $280k.

Median value
$280k
Estimated value range
$135k - $745k
Median days on market
42
Estimated value trend
7%
increase 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 202/518 Swanston St

2024
Rented
Undisclosed
Leased on 06 Jun 2024 by Belle Property South Melbourne
2022
Rented
Undisclosed
Leased on 13 Nov 2022 by Belle Property South Melbourne
2018
Sold
Undisclosed
Private Sale/Treaty on 06 Jul 2018

Happy sellers in Carlton

75%
75% 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 41 reviews in Carlton over the last 12 months.

Local market activity for 1 bedroom apartments in Carlton

In the last 12 months, 131 one-bedroom apartments similar to 202/518 Swanston St, have been sold.

This represents a 9% increase in one-bedroom apartments sales when compared to the previous 12 months.

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