5709/570 Lygon Street

Off Market

5709/570 Lygon Street

Carlton VIC 3053

43 m²

Apartment

Last sold for $235,000

Ali Akhanov, last sold this property on 29 July 2026 after -79 days on market.

Overview

Affordable Carlton Apartment Opposite the University of Melbourne

Positioned in one of Melbourne's most sought-after education precincts, this freshly updated apartment offers an outstanding opportunity for first-home buyers, owner-occupiers, parents buying for university students, and investors seeking strong rental potential. Freshly painted and fitted with brand-new carpet, the apartment is move-in ready and enjoys a practical layout featuring one bedroom, a separate study nook, and a modern bathroom. Located directly opposite the University of Melbourne, you'll also be within walking distance of RMIT University, the Melbourne CBD, Queen Victoria Market, leading hospitals including the Royal Melbourne Hospital and the Royal Women's Hospital, as well as the cafés, restaurants, and vibrant lifestyle of Lygon Street. Residents enjoy access to excellent building facilities, including: Swimming pool Gym Sauna Bicycle storage Secure building entry With an estimated gross rental return of around 10%*, this property presents an attractive investment opportunity in one of Melbourne's strongest rental locations. Property Features 1 Bedroom Study nook 1 Bathroom Freshly painted Brand-new carpet Secure building Swimming pool, gym & sauna Opposite the University of Melbourne Walking distance to RMIT University & Melbourne CBD Excellent public transport Surrounded by cafés, restaurants and parks Whether you're searching for your first home, a city base, or a high-yield investment, this is an opportunity not to be missed. Estimated gross rental yield only. Actual rental returns may vary depending on purchase price, rental income, and market conditions.

Features

1 bedroom

1 bathroom

43 m² floor area

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 5709/570 Lygon Street is $293.5k.

Median value

$293.5k

Estimated value range

$135k - $610k

Median days on market

Estimated value trend

24%

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 5709/570 Lygon Street

2026

Sold

$235,000

Private Sale/Treaty on 29 Jul 2026 by Ali Akhanov, of Elite Real Estate on Elizabeth

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 38 reviews in Carlton over the last 12 months.

Local market activity for 1 bedroom apartments in Carlton

In the last 12 months, 126 one-bedroom apartments similar to 5709/570 Lygon Street, have been sold.

This represents a 19% 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.

Lauren McElroy

at Belle Property Carlton | Melbourne | North Melbourne

(75 reviews)

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Peter Doan

at Bow Residential

4.9

(335 reviews)

Get a free market appraisal

Annamaria Stella

at Twig Real Estate

(402 reviews)

Get a free market appraisal

Gavin Zeitz

at G&H Property Group

4.8

(100 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Carlton

Lauren McElroy

Lauren McElroy is a recommended agent for Carlton. They have 21 local sales and collected 19 local reviews across the last 12 months.

5 (75 reviews)
19 Reviews in Carlton
21 Sales in Carlton

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Peter Doan

Sellers who recommend Peter Doan have praised them for being local expert, clear communication, reliable, responsive, supportive, honest and dedicated