Back 207/8 Elgin Street
Off Market

207/8 Elgin Street

Carlton VIC 3053

2
1
1
71 m²
Apartment
Last sold for $615,000
Carlo LorussoCarlo Lorusso, last sold this property on 05 December 2025 after 0 days on market.

Overview

Apex of Modern Carlton-Fitzroy Living

Imagine waking up in a home that encapsulates the best of inner-city Melbourne where contemporary living meets panoramic views. This almost new, architecturally sophisticated residence on Level Two of an exclusive, seven-storey boutique complex is the definition of aspirational living. Residence Highlights Step inside your sanctuary and immediately appreciate the uncompromising quality: - Designer Finishes: Be captivated by the rich warmth of Oak Timber Floorboards in the main living area, contrasted by the chic, speckled elegance of Terrazzo Tiles in the bathroom. - Stone & Style: Chefs and entertainers will adore the premium Stone Benchtops throughout the kitchen and wet areas. - Private East-Facing Balcony: Your personal vantage point is perfect for watching the stunning Melbourne sunrise with a morning coffee, overlooking the vibrant pulse of Fitzroy's Johnston Street. - Secure & Convenient: Enjoy the peace of mind with a dedicated Secure Basement Car Park and a separate, essential Secure Lock Up Storage Room. Iconic Level Seven The building’s common area is not just an amenit y, it’s an extension of your luxury lifestyle and arguably the best viewpoint in Carlton. - World-Class L evel 7 Terrace: Host unforgettable gatherings against a backdrop of the spectacular Melbourne skyline. I t features direct views South across the historic Carlton Gardens to the CBD and East toward the rolling Dandenong Ranges. - E xcellent Facilities: The space features a BBQ area, a Super-Sized TV Screen for movies/sports, a Full Kitchen, a Private Dining Area, and a quiet Library Area. Unbeatable Location Positioned directly on the Nicholson Street tram line, you are literally minutes from the heart of the city and a gentle stroll from the acclaimed dining, cultural, and retail hubs of Carlton , Fitzroy and Collingwood. Exceptional Cash Flow For the astute property investor, this apartment represents a compelling financial opportunity: - Outstanding Rental Yield: This high demand property offers a possible gross rental yield of approximately 6.5%. This significantly exceeds the typical inner-city Melbourne unit benchmark and with this pricing and location, interest repayments are likely to be lower than the market rental rates. Buyers should consult their financial specialist to review their individual financial positions. - Low Holding Costs: Combined with exceptionally low Body Corporate fees, this modern, in-demand residence is engineered for superior cash flow and long-term financial performance. A MUST-SEE: This is more than just an apartment; it's a lifestyle upgrade and a strategic investment. Don't miss this rare chance to secure a high-performing asset in one of Melbourne's most desirable locations. Don't just live in Carlton, command the view and the yield. Property Code: 2154

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
71 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Carlton over the last 12 months, the estimated median property value of 207/8 Elgin Street is $565.69k.

Median value
$565.69k
Estimated value range
$195k - $2.05m
Median days on market
44
Estimated value trend
-4%
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 207/8 Elgin Street

2025
Sold
$615,000
05 Dec 2025 by Carlo Lorusso, of In2money
2024
Sold
Undisclosed
Private Sale/Treaty on 27 May 2024 by Carlo Lorusso, of In2money

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 2 bedroom apartments in Carlton

In the last 12 months, 133 two-bedroom apartments similar to 207/8 Elgin Street, have been sold.

This represents a 23% increase in two-bedroom apartments sales when compared to the previous 12 months.

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