511/339 Swanston Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

511/339 Swanston Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 47m2
Land area: 1191m2
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Last updated 19 Jan 2026
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Property Details for 511/339 Swanston St, Melbourne

511/339 Swanston St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 1940. The property has a land size of 1191m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in August 2020.

Building Type
Unit
Year Built
1940
Floor Size
47m2
Land Size
1191m2
Local Government
Melbourne
Lot/Plan
511/PS401839

Last Listing description (March 2021)

Private inspection at 12:00pm on Friday 31st July 2020 by appointment only due to Covid-19.

Identical apt 911 sold at $342,000 in March, this is really priced to sell, don's miss it out.


Located in the heart of Melbourne CBD, Central Shopping Mall and Train Station just downstairs, opposite State Library, 1 minute walk to QV Shopping Center, Chinatown and RMIT, not to mention having the tram right on your doorstep!!

This bright and serene two bedroom apartment on level 5 features two good size bedrooms with BIR, open plan kitchen with gas cooking, separate bathroom, timber floor throughout living area and bedrooms. Absolutely nice city views never ever be blocked in the future.

Downstairs, the air conditioned games rooms featuring computers, BIG TV, pool and table tennis tables and reading lounges are all available for your use at anytime.

Vacant possession is available now. Potential rental income is $500/ week. This apartment is absolutely perfect for a professional looking for a quiet city pad or if youre a first home buyer looking for that first property thats so hard to find and decide on!

Vendor says sell. For more information, please contact Stephen Shen on 0468 955 586.

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Property History for 511/339 Swanston St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$265,000
03 Aug 2020
Listed for Rent
$320/w
12 May 2020
  • 03 Aug 2020
    Sold for $265,000
  • 20 May 2020
    Listed for Sale $285,000
  • 03 Mar 2020
    Listed for Rent $320 / week
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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 64,285 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:

  • The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
  • Houses have a median rent of $640 while Units have a median rent of $670.
There are currently 242 properties listed for sale, and 358 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2735 properties were sold in the past 12 months in Melbourne.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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