5/495 Rathdowne Street

Off Market

5/495 Rathdowne Street

Carlton VIC 3053

Apartment

Last sold for $360,000

Leon Li, last sold this property on 17 December 2025 after 86 days on market.

Overview

Contemporary Comfort in the Heart of Carlton

Perfectly positioned within the boutique Rathdowne Street complex, this stylish one-bedroom apartment presents an exceptional opportunity for first-home buyers, professionals, or investors seeking a low-maintenance city-edge lifestyle. Showcasing modern finishes, light-filled interiors and access to premium residents’ amenities, it combines convenience with contemporary living in one of Melbourne’s most vibrant inner-city pockets. The open-plan living and dining area is enhanced by timber flooring and full-height glazing, flowing seamlessly onto a private balcony that extends the living space outdoors. A sleek kitchen appointed with stone benchtops, stainless-steel appliances and ample storage offers both style and practicality for everyday cooking or entertaining. The spacious bedroom features built-in robes, while the elegant bathroom is fitted with modern fixtures and a concealed European laundry. Comfort is assured year-round with split-system heating and cooling, while secure intercom entry, lift access and a dedicated car space add further appeal. Residents of Rathdowne Street enjoy exclusive access to a range of lifestyle facilities including a rooftop terrace with sweeping city views, BBQ and entertaining spaces, a bocce court, garden courtyard and residents’ lounge. Located just steps from Lygon Street’s renowned dining scene, Rathdowne Village and Carlton Gardens, and only moments from Melbourne University and efficient tram links to the CBD, this sought-after address delivers unbeatable inner-city connectivity and culture. Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

Features

1 bedroom

1 bathroom

1 carspace

1 carport space

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 5/495 Rathdowne Street is $246k.

Median value

$246k

Estimated value range

$130k - $745k

Median days on market

Estimated value trend

-16%

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 5/495 Rathdowne Street

2025

Sold

$360,000

17 Dec 2025 by Leon Li, of Eighth Quarter Real Estate

2025

Rented

Undisclosed

Leased on 02 Dec 2025 by Eighth Quarter Real Estate

2025

Rented

Undisclosed

Leased on 01 Feb 2025 by Australand

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 apartments in Carlton

In the last 12 months, 145 one-bedroom apartments similar to 5/495 Rathdowne Street, have been sold.

This represents a 5% increase in one-bedroom apartments 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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at Belle Property Carlton | Melbourne | North Melbourne

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F.R. Chee

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Scott McElroy

at Belle Property Carlton | Melbourne | North Melbourne

(89 reviews)

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Nearby agents

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Peter Doan

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