Back 312/127 Leicester St
Off Market

312/127 Leicester St

Carlton VIC 3053

1
Apartment
Peter DaviesPeter Davies, last sold this property on 02 October 2025 after 8 days on market.

Overview

Bright and Quiet

Set at the rear of the building and north facing, this apartment has a bright and sunny aspect and offers peaceful and quiet accommodation. An unrestricted property asset giving HIGH RETURNS of over 8.2% NET* ANYONE CAN LIVE HERE in this fully furnished studio style apartment on the fringe of Melbourne. Located just a short walk to the Queen Victoria Market, Melbourne University, the CBD and the Lygon St. shops, cafés and restaurants, this property will appeal to investors after a good return or a single professional or first home buyer on a budget who wants to move in, in 2026. North facing, studio style, single bedroom with robe Fully furnished with fridge, microwave and TV Current rental income $1,564 pcm / $360 per week Lease expiry date 7th January 2026 Located just minutes from town, Melbourne Uni and RMIT Ideal for your SMSF or as a city bolt hole Inspections by appointment only

Features

1 bathroom
Apartment

Estimated Value

Based on this property and similar apartments sold in Carlton over the last 12 months, the estimated median property value of 312/127 Leicester St is $162.5k.

Median value
$162.5k
Estimated value range
$140k - $270k
Median days on market
57
Estimated value trend
-33%
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 312/127 Leicester St

2025
Sold
Undisclosed
Private Sale/Treaty on 02 Oct 2025 by Peter Davies, of Chilli Realty
2022
Rented
Undisclosed
Leased on 07 Apr 2022 by Viva Property

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 apartments in Carlton

In the last 12 months, 12 apartments similar to 312/127 Leicester St, have been sold.

This represents a 62% decrease in apartments sales when compared to the previous 12 months.

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