Back 309/518 Swanston St
Off Market

309/518 Swanston St

Carlton VIC 3053

1
1
0 m²
Apartment
Thomas ChanThomas Chan, last sold this property on 22 August 2017 after -335 days on market.

Overview

Invest in Carlton's best - Rental Yield of 7.1%

Located in the renowned 'Upper House' building, this fantastic apartment in one of Carlton's best locations is sure to tick all the boxes. Brilliantly furnished and currently tenanted until February 2018, this is the perfect opportunity for investors to take advantage of super low interest rates, and capitalise on a rent of $550 per week. Featuring top of the range finishes, this clean cut, elegant and award winning property is the perfect place to park your money. With an abundance of facilities including the Observatory on level 11 which showcases the residents lounge with big-screen TV and kitchen, gymnasium and extensive outdoor terraces with amazing views in all directions. Couple this with prime Carlton position, walking distance to University, work, and the beautiful Carlton Gardens or jump on one of many trams to an assortment of restaurants and cafes on nearby Lygon Street. Enquire now to arrange a private inspection and secure this great opportunity for yourself.

Features

1 bedroom
1 bathroom
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 309/518 Swanston St is $302k.

Median value
$302k
Estimated value range
$135k - $610k
Median days on market
42
Estimated value trend
27%
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 309/518 Swanston St

2025
Rented
Undisclosed
Leased on 17 Nov 2025 by Melo Real Estate Pty Ltd
2023
Rented
Undisclosed
Leased on 15 Aug 2023 by Belle Property South Melbourne
2017
Sold
Undisclosed
22 Aug 2017 by Thomas Chan, of Core Realty Pty Ltd

Happy sellers in Carlton

74%
74% 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 39 reviews in Carlton over the last 12 months.

Local market activity for 1 bedroom apartments in Carlton

In the last 12 months, 128 one-bedroom apartments similar to 309/518 Swanston St, have been sold.

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

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