705/115 Swanston Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

705/115 Swanston Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 64m2
Land area: 1601m2
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Last updated 19 Jan 2026
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Property Details for 705/115 Swanston St, Melbourne

705/115 Swanston St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 1924. The property has a land size of 1601m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in October 2008.

Building Type
Unit
Year Built
1924
Floor Size
64m2
Land Size
1601m2
Local Government
Melbourne
Lot/Plan
705/PS317597

Last Listing description (December 2021)

*** UNDER APPLICATION ***
Bright and filled with character this two bedroom furnished apartment is located in the absolute heart of the CBD opposite Melbourne Town Hall. Surrounded by laneways, bars, restaurants and cultural icons.

The Capitol Building was designed by renowned architects Walter Burley Griffin and Marion Mahony Griffin in 1924. The apartment is located on the seventh floor at the back of the building with very little noise from the bustling city below.

It has high ceilings in the open plan living area with polished floors, huge windows, loads of natural light and city rooftop and skyline views. The living room has a three seater sofa and occasional chair, TV, dining table and chairs, a work desk and chair and wall heater. The kitchen has stone bench tops and Blanco appliances as well as a kettle, toaster, microwave, gas cook top, oven, refrigerator, and dishwasher. Each bedroom has a queen size bed, bedside table and built in robes. Bathroom includes a large shower with great water pressure, toilet, vanity and washing machine.

Ideal for city professionals, academics or students who want to experience Melbourne's vibrant city life.

Located in the centre of the free tram zone, you can easily and efficiently travel around the CBD. Trams are 50m from the front door, Flinders Street train station 350m, easy walking distance to Bourke Street Mall 200m, Emporium shopping centre 400m, NGV Federation Square 450m, Alexandra Gardens 800m, MCG 1.6km.

The building has secure entry and lift access.

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Property History for 705/115 Swanston St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$325,000
09 Oct 2008
Listed for Rent
$375/w
23 Dec 2021
  • 29 Nov 2021
    Listed for Rent $375 / week
  • 17 Apr 2020
    Listed for Rent $375 / week
  • 11 Feb 2020
    Listed for Rent $600 / 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 64,297 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 248 properties listed for sale, and 374 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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