Back 4007/550 Lygon Street
Off Market

4007/550 Lygon Street

Carlton VIC 3053

1
1
Apartment
Last sold for $204,000
Paul MarkovicPaul Markovic, last sold this property on 28 May 2026 after 16 days on market.

Overview

Premier Lifestyle Position

Perfectly positioned on the first level (GL07) of this medium density block, just moments from The University of Melbourne, RMIT and the major education and medical precinct, this apartment sits in one of Melbourne’s most sought-after lifestyle corridors. With the tram stop literally at your doorstep, direct access to the CBD, Lygon Street dining, cafés, bars, and parklands is effortless, making this an ideal choice for students, academics, professionals, and investors seeking consistently strong rental demand. The residence is blessed with good natural light, an open plan living/dining room, kitchen/meals, bedroom with robes, the study makes for a great “work from home” space and a bathroom with laundry area. The apartment has had some modern updates, along with polished floors, that provide you with both contemporary finishes and a homely feel. This apartment is ideal for first home buyers, a Melbourne base or for rental investors looking to attract a strong rent return.

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 4007/550 Lygon Street is $255k.

Median value
$255k
Estimated value range
$135k - $745k
Median days on market
42
Estimated value trend
-3%
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 4007/550 Lygon Street

2026
Sold
$204,000
28 May 2026 by Paul Markovic, of Markovic Real Estate
2022
Sold
$180,000
Private Sale/Treaty on 27 Jan 2022 by Adriano Persichetti, of My Agent Real Estate

Happy sellers in Carlton

76%
76% 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 36 reviews in Carlton over the last 12 months.

Local market activity for 1 bedroom apartments in Carlton

In the last 12 months, 143 one-bedroom apartments similar to 4007/550 Lygon Street, have been sold.

This represents a 2% decrease in one-bedroom apartments sales when compared to the previous 12 months.

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