614/551 Swanston Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

614/551 Swanston Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
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Last updated 20 Apr 2026
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Property Details for 614/551 Swanston St, Melbourne

614/551 Swanston St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a floor size of 64m2.

Building Type
Unit
Year Built
2006
Floor Size
64m2
Local Government
Melbourne

Last Listing description (September 2019)

*** 1 Week Free Rental Incentive ***
This Swanston Square apartment is located in a prime location with convenience at your doorstep.
Within minutes to Swanston Street, Elizabeth Street, Queen Victoria Market, Melbourne Central, RMIT University, Melbourne University, public transports, restaurants, shopping destinations and all other city attractions.

With uninterrupted views of Melbourne skyline from the colourful and light filled windows and large balcony, this fantastic apartment will definitely be the one for you.
With quality fittings throughout, this property features an open-plan modern kitchen with ample storage space through to lounge, stainless steel kitchen appliances, 2 spacious bedrooms with built in robes and elegantly designed bathroom.
Remarkable amenities on the top floor with Sky Deck, spa, cinema room, BBQ facilities & Lounge Area Exclusively available to residents only.
To arrange for an inspection, please contact NDL REALTY on (03) 9670 7705.
NDL REALTY specialises in leasing and management of properties throughout Melbourne. We provide a personalised property management service and guarantees you a stress-free experience. We welcome any enquires & no obligation discussion about your investment property. Call us on (03) 9670 7705 today.
*Please note: Open for inspection is subject to cancellation or change without prior notice.

Property History for 614/551 Swanston St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Listed for Rent
$530/w
16 Sep 2019
  • 13 Aug 2019
    Listed for Rent - Price not available
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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 64,265 properties. Over the last 5 years, Houses in Melbourne have seen a -6.38% decrease in median value, while Units have seen a -4.97% decrease. As at 31 March 2026:

  • The median value for Houses in Melbourne is $1,346,319 while the median value for Units is $439,159.
  • Houses have a median rent of $700 while Units have a median rent of $672.
There are currently 274 properties listed for sale, and 164 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2684 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.