Back 202/70 Queensberry St
Off Market

202/70 Queensberry St

Carlton VIC 3053

1
1
Apartment
Ray MirzaRay Mirza, last sold this property on 06 March 2026 after 4 days on market.

Overview

Carlton's Prime Investment, 12% Yield Opportunity

In one of Melbourne's most tightly held student and professional precincts, this compact studio delivers reliable rental returns and a location that virtually markets itself. Currently tenanted at $370 per week ($1,608 per month), it's a ready-made addition to any investment portfolio, with demand in this pocket of Carlton showing no signs of slowing. Secure entry to the building provides peace of mind for both owner and tenant. Inside, the studio is a clever use of space, with proportions that feel considered rather than cramped. Natural light filters through windows that frame the rooftops and brick character of surrounding Carlton, and the built-in wardrobe keeps the room neat and liveable. Hydronic heating ensures the space stays warm through Melbourne winters, a genuine comfort advantage rarely found in apartments at this price point. The kitchen cavity is efficiently arranged with overhead cabinetry and space for a fridge and microwave, keeping daily living practical without waste. The bathroom is clean and functional, with a separate shower and toilet. Carlton's hospitality strip is at the doorstep, with Woolworths, Lygon Street dining and specialty retail all within easy reach. The University of Melbourne and RMIT are moments away on foot, placing this apartment squarely in the path of one of the city's largest student population. The Melbourne CBD is just minutes further, accessible by tram or a short ride. All information provided has been gathered from sources we believe to be reliable; however, we cannot guarantee its accuracy and accept no liability for any errors or omissions. Interested parties should make their own enquiries and seek independent advice. Please visit https://shorturl.at/KuhJW for the CAV Due Diligence Checklist.

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 202/70 Queensberry St is $246k.

Median value
$246k
Estimated value range
$130k - $745k
Median days on market
42
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 202/70 Queensberry St

2026
Sold
Undisclosed
Private Sale/Treaty on 06 Mar 2026 by Ray Mirza, of RDM Real Estate
2024
Rented
Undisclosed
Leased on 27 Aug 2024 by Besser & Co. Estate Agents
2022
Rented
Undisclosed
Leased on 21 Feb 2022 by Besser & Co. Estate Agents

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 202/70 Queensberry St, have been sold.

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

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