Back 701/488 Swanston Street
Off Market

701/488 Swanston Street

Carlton VIC 3053

2
1
Apartment
Jacky YeJacky Ye, last sold this property on 31 July 2025 after 41 days on market.

Overview

Great Value for Investor at Fantastic Location

Premier location within one of Melbourne's most diverse precincts, this stunning 2-bedroom apartment provides with conveniences to all points of compass. Situated close to RMIT University and Melbourne University, surrounded by restaurants, cafes, shopping centre, Queen Victoria Market, door-step tram. Access to facilities which include a heated indoor pool, sauna, gymnasium, and communal laundry. Dont miss this rare opportunity to secure an immaculate, well-positioned and affordable 2-bedroom apartment !

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 701/488 Swanston Street is $565.69k.

Median value
$565.69k
Estimated value range
$195k - $2.05m
Median days on market
44
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 701/488 Swanston Street

2025
Sold
Undisclosed
Private Sale/Treaty on 31 Jul 2025 by Jacky Ye, of New Aumeca Group
2023
Rented
Undisclosed
Leased on 01 Mar 2023 by Nelson Alexander Flemington
2021
Rented
Undisclosed
Leased on 08 Dec 2021 by Nelson Alexander Flemington

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, 134 two-bedroom apartments similar to 701/488 Swanston Street, have been sold.

This represents a 23% increase in two-bedroom apartments sales when compared to the previous 12 months.

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