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Back 311/131 Pelham St
Off Market

311/131 Pelham St

Carlton VIC 3053

1
1
Apartment
Rosa ChikRosa Chik, last sold this property on 31 July 2026 after 56 days on market.

Overview

Fully Furnished Student Accommodation Investment Secure Income Until January 2027

Positioned in the heart of Carlton's renowned university precinct, this fully furnished student accommodation apartment presents an outstanding opportunity for investors seeking a secure, low-maintenance asset with immediate rental returns. Located within walking distance of the University of Melbourne, RMIT University, Melbourne CBD, Queen Victoria Market, Carlton Gardens and an array of cafés, restaurants and public transport options, the property continues to enjoy strong tenant demand from local and international students. Currently leased at $400 per week ($1,738 per month) until 28 January 2027, this apartment offers a reliable income stream from day one. Property Features: Fully furnished student accommodation apartment Spacious open-plan bedroom and study area Functional kitchenette with ample storage Private bathroom Built-in wardrobe Dedicated study desk and workspace Secure building with excellent student-focused amenities Prime Carlton location close to major universities and CBD attractions Whether you are expanding your investment portfolio or entering the student accommodation market, this property offers an affordable investment with strong rental appeal in one of Melbourne's most consistently demanded rental locations. Investment Highlights: Rent: $400 per week ($1,738 per month) Fixed lease until 28 January 2027 Strong rental demand from university students Low-maintenance investment Premium inner-city location An excellent opportunity to secure a well-positioned student accommodation investment with immediate income and long-term appeal. Please note: This property is part of a student accommodation complex and is subject to occupancy requirements and building regulations.

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 311/131 Pelham St is $304k.

Median value
$304k
Estimated value range
$135k - $610k
Median days on market
42
Estimated value trend
28%
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 311/131 Pelham St

2026
Sold
Undisclosed
Private Sale/Treaty on 31 Jul 2026 by Rosa Chik, of Student Housing Australia

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, 126 one-bedroom apartments similar to 311/131 Pelham St, have been sold.

This represents a 24% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

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

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Lauren McElroy

Lauren McElroy is a recommended agent for Carlton.  They have 21 local sales and collected 19 local reviews across the last 12 months.

  •   5   (75 reviews)
  •  19 Reviews in Carlton
  •  21 Sales in Carlton
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Peter Doan

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

  •   4.9   (335 reviews)
  •  12 Reviews in Carlton
  •  12 Sales in Carlton
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Annamaria Stella

Annamaria Stella is an award winning recommended agent for Carlton.  They have 2 local sales and collected 4 local reviews across the last 12 months.

  •   5   (401 reviews)
  •  4 Reviews in Carlton
  •  2 Sales in Carlton
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Gavin Zeitz

Gavin Zeitz is a recommended agent for Carlton.  They have 10 local sales and collected 3 local reviews across the last 12 months.

  •   4.8   (100 reviews)
  •  3 Reviews in Carlton
  •  10 Sales in Carlton
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