702/488 Swanston Street

Off Market

702/488 Swanston Street

Carlton VIC 3053

Apartment

Last sold for $280,000

Troy Constantine, last sold this property on 21 May 2025 after 54 days on market.

Overview

Well apointed two bedroom with balcony

Situated in the heart of Carlton, this stunning two-bedroom apartment offers an outstanding opportunity for both investors and owner-occupiers alike. With a fantastic returnof approx 8 % - 9 % gross on investment and a superb blend of modern features, this property provides a rare combination of comfort, style, and convenience. Key Features: Two Spacious Bedrooms: Both bedrooms are well-sized and come with built-in wardrobes, providing ample storage space. Fully Furnished: Move in or rent out with ease, as the apartment comes fully furnished with high-quality furniture. Comfort All Year Round: Enjoy year-round comfort with a split system air conditioner, keeping you cool in summer and cozy in winter. Private Balcony with Beautiful Views: Step outside and unwind on your private balcony, offering a relaxing view of the stylish courtyard-perfect for enjoying a morning coffee or evening drinks. Impressive 9% Return: This apartment offers an exceptional return of 9%, making it a fantastic investment opportunity in the highly sought-after Carlton area. Resort-Style Amenities: Take full advantage of the building's amenities, including a swimming pool, gym, sauna, and concierge services, providing luxury and convenience at your doorstep. Prime Location: Positioned in the vibrant heart of Carlton, you're just moments away from cafes, restaurants, shopping, public transport at your door, and prestigious universities. Whether you're looking for a top-tier investment or a stylish apartment in a prime location, 702/488 Swanston Street has everything you need. With its fantastic return potential and access to world-class amenities, this property won't last long! Contact us today to secure your inspection of this remarkable opportunity!

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 702/488 Swanston Street is $565.69k.

Median value

$565.69k

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 702/488 Swanston Street

2025

Sold

$280,000

Private Sale/Treaty on 21 May 2025 by Troy Constantine, of Precinct Real Estate

2023

Rented

Undisclosed

Leased on 30 Jul 2023 by Viva Property

2020

Rented

Undisclosed

Leased on 22 Dec 2020 by Student Housing Australia

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, 132 two-bedroom apartments similar to 702/488 Swanston 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)

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Lauren McElroy

at Belle Property Carlton | Melbourne | North Melbourne

(67 reviews)

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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)

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Nearby agents

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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