Back 825/488 Swanston Street
Off Market

825/488 Swanston Street

Carlton VIC 3053

2
1
1
44 m²
Apartment
Last sold for $340,000
Kelvin CheahKelvin Cheah, last sold this property on 02 July 2015 after 166 days on market.

Overview

Secured Tenant, Safe Investment

Calling all investors! With a secured tenant until May 2023 paying $420 per week, your investment return is guaranteed. NO vacancies, NO leasing fees, NO risk. This fully furnished apartment comprises of: - Built-in mirrored robes in both bedrooms - Full kitchen with stainless steel appliances - Split system heating and cooling in both bedrooms and living area - Internal laundry facilities. Conveniently located within walking distance to endless amenities and lifestyle options - Melbourne University and RMIT, medical centres, Lygon Street restaurants, markets, shopping and parkland - this apartment offers a lifestyle like no other. Approximate outgoings: • Owners Corporation rates: $4,100 pa • Council rates: $630 pa • Water rates: $625 pa Call now to schedule an inspection! Please note that the tenant requires 48 hours notice prior to inspecting.

Features

2 bedrooms
1 bathroom
1 carspace
44 m² lot size
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 825/488 Swanston Street is $562.5k.

Median value
$562.5k
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 825/488 Swanston Street

2022
Rented
Undisclosed
Leased on 07 Mar 2022 by Jellis Craig Fitzroy
2022
Rented
Undisclosed
Leased on 10 Feb 2022 by Jellis Craig Fitzroy
2021
Rented
Undisclosed
Leased on 11 Aug 2021 by Jellis Craig Inner North Property Management

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 41 reviews in Carlton over the last 12 months.

Local market activity for 2 bedroom apartments in Carlton

In the last 12 months, 130 two-bedroom apartments similar to 825/488 Swanston Street, have been sold.

This represents a 21% increase in two-bedroom apartments sales when compared to the previous 12 months.

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