208/127 Leicester St

Off Market

208/127 Leicester St

Carlton VIC 3053

Studio

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

Overview

Prime Student Investment with Rent Rising in 2026!

Unlock a high-performing investment in the heart of Carlton! This fully furnished student apartment is positioned just steps from Melbourne University and a short walk to RMIT, Queen Victoria Market, and the CBD, guaranteeing year-round demand and strong rental returns. 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 $380 a week as of Feb 2026 This property offers a hassle-free investment opportunity in one of Melbourne's most desirable student hubs. Whether you're an investor seeking consistent rental returns or a parent looking for a secure option for your student, this is a chance not to be missed. 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 208/127 Leicester St 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 208/127 Leicester St

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, 9 one-bedroom studios similar to 208/127 Leicester St, 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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Lauren McElroy

at Belle Property Carlton | Melbourne | North Melbourne

(67 reviews)

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F.R. Chee

at CT Real Estate

4.9

(13 reviews)

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Scott McElroy

at Belle Property Carlton | Melbourne | North Melbourne

(89 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Carlton

Peter Doan

Sellers who recommend Peter Doan have praised them for being local expert, clear communication, reliable, responsive, supportive, honest and dedicated