Back 510/22 Orr Street
Off Market

510/22 Orr Street

Carlton VIC 3053

1
Apartment
Last sold for $160,000
Nick RichardsNick Richards, last sold this property on 18 February 2020 after 5 days on market.

Overview

Amazing investment with a 11.1% return

Invest in the future with this boutique studio apartment in Melbourne University Precinct Located within the award-winning Orr Street student apartment building, this one-bedroom, one-bathroom is ideal for investors with at $18096 rental per year on a lease until 2021.This is a genuine 11.1% return on investment so it won't last long ! Located on campus at Melbourne Uni and close to RMIT, it's a two-minute walk to the CBD of Melbourne, and a short stroll to the State Library. It's also close to Melbourne's shopping and entertainment areas, including Lygon Street, and just 100m from the historic City Baths Gym. With views across the Melbourne skyline, this contemporary, air-conditioned apartment is thoughtfully designed, and includes a kitchenette, study space, built-in storage and a balcony. The building features a common student lounge and study space, an open-air observation deck, the latest security features, plus a coin-operated laundry for residents' exclusive use. Don't hesitate to inspect the property or make contact with us. This surely will sell quickly

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 510/22 Orr Street is $198.5k.

Median value
$198.5k
Estimated value range
$140k - $270k
Median days on market
63
Estimated value trend
17%
increase 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 510/22 Orr Street

2026
Rented
Undisclosed
Leased on 28 Jan 2026 by Precinct Real Estate
2025
Rented
Undisclosed
Leased on 23 Aug 2025 by Precinct Real Estate
2020
Sold
$160,000
Private Sale/Treaty on 18 Feb 2020 by Nick Richards, of Precinct Real Estate

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 apartments in Carlton

In the last 12 months, 12 apartments similar to 510/22 Orr Street, have been sold.

This represents a 22% decrease in apartments sales when compared to the previous 12 months.

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