406/339 Swanston Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

406/339 Swanston Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 37m2
Land area: 1191m2
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Last updated 18 May 2026
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Property Details for 406/339 Swanston St, Melbourne

406/339 Swanston St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1940. The property has a land size of 1191m2 and floor size of 37m2. While the property is not currently for sale or for rent, it was last sold in December 2016.

Building Type
Unit
Year Built
1940
Floor Size
37m2
Land Size
1191m2
Local Government
Melbourne
Lot/Plan
406/PS401839

Last Listing description (May 2017)

Please note: Can be occupied by ALL not just students
If you know anything about Melbourne you know 339 Swanston Street is the place to be! You either want to live here or invest here! Firstly, this cosy studio facing the brilliant State Library of Victoria allows for inspiration, creativity and for the occupants to expand their knowledge the right way. Walking distance to University of Melbourne, RMIT University and the wealth of amenities all around allows for wonderful academic achievements and success! Lastly, superb ease and access to Melbourne central, QV and all the great bars, cafes and restaurants that the great city of Melbourne offers allows for a fun lifestyle and even better living! With potential for huge rental return of $370-$400 p/w you know this is an investment that will give you the right return!

Property History for 406/339 Swanston St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$220,000
09 Dec 2016
  • 09 Dec 2016
    Sold for $220,000
  • 17 Nov 2016
    Listed for Sale $220,000 - $240,000
  • 31 Jan 2008
    Transferred
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of Melbourne in 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation.In 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.

Melbourne has 64,324 properties. Over the last 5 years, Houses in Melbourne have seen a 5.76% increase in median value, while Units have seen a -4.47% decrease. As at 30 April 2026:

  • The median value for Houses in Melbourne is $1,457,082 while the median value for Units is $442,735.
  • Houses have a median rent of $700 while Units have a median rent of $675.
There are currently 304 properties listed for sale, and 182 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2664 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.