205/127-133 Leicester Street

Off Market

205/127-133 Leicester Street

Carlton VIC 3053

Studio

Gavin Zeitz, last sold this property on 10 November 2025 after 49 days on market.

Overview

Unit 205 – Consistent Returns in Melbourne's Student Hotspot!

Set in a vibrant pocket of Carlton, Unit 205 offers a rare blend of security, convenience, and consistent rental demand. Designed with students in mind, this fully furnished apartment provides everything needed for comfortable city living while delivering investors a steady income stream. With Melbourne's universities, markets, and CBD attractions all nearby, the location ensures ongoing appeal for both local and international tenants. Purpose-built for low-maintenance investing, the apartment features modern furnishings, secure building access, and access to a range of shared facilities including study lounges, outdoor terraces, laundry amenities, and bicycle storage. With a rent increase already scheduled, Unit 205 is positioned for even stronger returns in the coming years – making it an ideal choice for both first-time and seasoned investors. Key Features: * Purpose-Built for Students: Designed specifically for student living, the building includes secure video entry, security lift access to all floors * Convenience and Comfort: Each apartment is fully furnished with a study desk, single bed, electric heating, TV, and a modern kitchen equipped with gas cooking, microwave, cutlery, and crockery. * Low Running Costs: Rent includes gas and water usage, with discounted electricity provided through a special student rate. * Shared Amenities: Residents benefit from two common rooms, outdoor terraces, communal laundry facilities, and bicycle storage. * Ideal Location: Located in the heart of Carlton, students enjoy easy access to public transport, a convenience store, and all the amenities of Melbourne's bustling city centre. *Rent moving to $400 a week as of Feb 2026 An opportunity like this combines security, convenience, and reliable income in one package. Perfect for investors chasing strong yields or parents wanting peace of mind for their student, this property is a smart move in one of Melbourne's most vibrant precincts. Be quick to enquire!

Features

1 bedroom

1 bathroom

Studio

Estimated Value

Based on this property and similar 1 bedroom studios sold in Carlton over the last 12 months, the estimated median property value of 205/127-133 Leicester Street is $146.75k.

Median value

$146.75k

Estimated value range

$135k - $192.5k

Median days on market

Estimated value trend

-5%

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 205/127-133 Leicester Street

2025

Sold

Undisclosed

10 Nov 2025 by Gavin Zeitz, of G&H Property Group

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 studios in Carlton

In the last 12 months, 8 one-bedroom studios similar to 205/127-133 Leicester Street, have been sold.

This represents a 28% decrease in one-bedroom studios 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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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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