Back 503/123 Pelham St
Off Market

503/123 Pelham St

Carlton VIC 3053

2
1
Apartment
Last sold for $420,000
Rita LinRita Lin, last sold this property on 22 July 2026 after 42 days on market.

Overview

Sleek Bravo Living in a Coveted Carlton Setting

Positioned on the fifth floor of the acclaimed Bravo complex, this stylish two-bedroom apartment delivers contemporary comfort, quality finishes, and an unbeatable inner-city location moments from Melbourne's leading universities. Ideal for owner-occupiers seeking a vibrant Carlton lifestyle or investors looking for strong rental appeal, this light-filled residence is vacant and ready to enjoy. Timber flooring, floor-to-ceiling glazing, and a private balcony overlooking leafy Lincoln Square create an inviting and sophisticated living environment. The spacious open-plan living and dining area is complemented by a well-appointed kitchen featuring a breakfast bar and stainless-steel appliances. Both bedrooms include built-in robes, with one enjoying direct balcony access, while the sleek bathroom incorporates a convenient European laundry. Additional highlights include split-system heating and cooling, secure intercom entry, bike storage, and exclusive resident access to a landscaped rooftop terrace with BBQ facilities and breathtaking city views. Enjoy a premier Carlton address just moments from Lygon Street's renowned cafés and restaurants, Carlton Gardens, Melbourne Museum, Melbourne University, RMIT University, and city-bound trams for effortless CBD access.

Features

2 bedrooms
1 bathroom
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 503/123 Pelham St is $525k.

Median value
$525k
Estimated value range
$240k - $2.05m
Median days on market
35
Estimated value trend
-9%
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 503/123 Pelham St

2026
Sold
$420,000
Private Sale/Treaty on 22 Jul 2026 by Rita Lin, of Melcorp Real Estate City Central
2022
Rented
Undisclosed
Leased on 02 May 2022 by Melcorp Real Estate City Central
2018
Rented
Undisclosed
Leased on 21 May 2018 by Melcorp Real Estate City Central

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 2 bedroom apartments in Carlton

In the last 12 months, 121 two-bedroom apartments similar to 503/123 Pelham St, have been sold.

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

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