702/127 Cardigan Street, Carlton VIC 3053

702/127 Cardigan Street, Carlton VIC 3053
Upper-level apartment in premium complex| 114m² floorplan| Dual parking| Brand new appeal|152 This two-bedroom apartment with 114m² of internal space in a recent development suits professionals or downsizers valuing urban convenience and shared amenities. Its generous layout delivers practical open-plan living enhanced by city views and floor-to-ceiling glazing, ideal for everyday use or entertaining without feeling cramped. Positioned on level seven of Argyle Square, it stands out on the street amid Carlton’s mix of heritage and modern builds, benefiting from the complex’s landscaped grounds and facilities like a sauna, cinema and residents’ lounge. Buyers drawn to such properties are often university staff, young couples or investors seeking low-maintenance inner-city options with secure parking, a rarity in this density. Similar upper-floor units in the area have shown steady demand, holding value through consistent rental yields around $1300 weekly due to proximity to Lygon Street and Melbourne University. The absence of flood, bushfire or heritage overlays adds to its straightforward appeal for long-term ownership. With dual car spaces and 5G coverage, it caters to active lifestyles while the butler’s pantry and storage support hassle-free living. In a market favoring quality apartments over older stock, this one’s contemporary finishes and views position it for enduring interest amid Carlton’s cultural draw. Overall, its scale relative to typical units here underpins reliable capital growth potential.

Market Insight:

Carlton is one of Melbourne’s most iconic inner-city suburbs dominated by universities and historic terraces. Housing demand is driven by students, investors and professionals seeking proximity to the CBD. Apartment supply influences short-term price movement but rental demand remains strong. The suburb’s cultural precinct and university presence underpin its appeal.

PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

2

Land

114m²

Built

Recent Assessments