502/495 Rathdowne Street

Off Market

502/495 Rathdowne Street

Carlton VIC 3053

Apartment

Last sold for $550,000

Lisa Roberts, last sold this property on 30 January 2026 after -17 days on market.

Overview

SOLD OFF MARKET

Sold Off Market Lisa Roberts 0413 265 362 Lauren McElroy 0414 608 865 Featuring a quiet fifth floor position with uninterrupted, spectacular views of the CBD, palm trees, and parkland this spacious two bedroom apartment boasts a well proportioned balcony and a secure undercover off street car space. Ideal for best home office experience overlooking city skyscrapers from the second bedrooms study alcove. Stainless steel kitchen appliances including a Bosch dishwasher and Omega gas cooktop and oven, ample bench space flexible with island bench and breakfast bar, stone benchtops, and preside over the kitchen with an interior designer colour scheme. Balcony aspects welcome natural light into the living and dining room, linked by sliding glass doors for all-year-round alfresco dining. The master double bedroom complete with a sizeable BIR also has a picturesque city view. The rare communal rooftop lounge and balcony with 270 degree views of the city Skyline and Dandenongs and Carlton's heritage rooftops can accommodate the largest family gathering with kitchen, indoor/outdoor dining options, and a table tennis table and large TV for gaming enthusiasts. Spoilt for choice in addition a second ground floor communal area features a Bocce pitch and BBQ dining area completes this quiet inner city oasis. Split system heating/cooling also entices, as does the bathroom with separate shower vanity with stone bench top. European laundry facilities include a trough and washing machine and dryer space. Featuring ample natural light above and beyond typical two bedroom accommodation and boasting views from every window this home has an airy feel, that is rarely seen. Featuring a neutral and beautifully considered colour palette, engineered Oak flooring, impeccable presentation, and secure entry and car space. A top investment opportunity with an approximate rental return of $590 per week. Rare opportunity for first home buyers with stamp duty savings, country or overseas students or downsizers inner city pad poised within a short stroll to city bound trams, The University and Medical Precinct, Lygon Street, and Rathdowne Street cosmopolitan shops and cafes. Sit back and watch the Fireworks!

Features

2 bedrooms

1 bathroom

1 carspace

1 open car space

Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Carlton over the last 12 months, the estimated median property value of 502/495 Rathdowne Street is $562.5k.

Median value

$562.5k

Estimated value range

$195k - $2.05m

Median days on market

Estimated value trend

-4%

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 502/495 Rathdowne Street

2026

Sold

$550,000

30 Jan 2026 by Lisa Roberts, of Belle Property Carlton | Melbourne | North Melbourne

2021

Sold

$550,000

20 Feb 2021 by Lisa Roberts, of Belle Property Carlton | Melbourne | North Melbourne

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 2 bedroom apartments in Carlton

In the last 12 months, 133 two-bedroom apartments similar to 502/495 Rathdowne Street, have been sold.

This represents a 23% increase in two-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)

Get a free market appraisal

Lauren McElroy

at Belle Property Carlton | Melbourne | North Melbourne

(67 reviews)

Get a free market appraisal

F.R. Chee

at CT Real Estate

4.9

(13 reviews)

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Scott McElroy

at Belle Property Carlton | Melbourne | North Melbourne

(89 reviews)

Get a free market appraisal

Nearby agents

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Peter Doan

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