712/339 Swanston Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

712/339 Swanston Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 50m2
Land area: 1191m2
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Last updated 19 Jan 2026
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Property Details for 712/339 Swanston St, Melbourne

712/339 Swanston St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 1998. The property has a land size of 1191m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in December 1996.

Building Type
Unit
Year Built
1998
Floor Size
50m2
Land Size
1191m2
Local Government
Melbourne
Lot/Plan
712/PS401839

Last Listing description (January 2026)

Discover the perfect blend of comfort and convenience in this stylish 2-bedroom apartment (or one bedroom plus study) at 712/339 Swanston Street, suitable for BOTH STUDENTS AND NON-STUDENTS. Compact yet thoughtfully designed, this apartment maximizes every inch of space, featuring built-in wardrobes, a functional kitchen, and a private toilet, providing practical and efficient everyday living tailored to the needs of city residents. Its smart layout ensures a comfortable environment for studying, relaxing, or unwinding after a busy day in the CBD. Plus a large 48sqm!

Currently rented at $2,120 per month with a secure lease in place until 31/01/2026, the property offers a reliable rental return-appealing to investors while also presenting an excellent future move-in opportunity for owner-occupiers. Combining modern urban living with unbeatable accessibility, residents enjoy seamless access to Melbourne's premier amenities, leading universities, shopping precincts, and major public transport links.

Perfectly positioned in the heart of the Melbourne CBD, this apartment delivers exceptional convenience, with a tram stop right outside the building, ensuring effortless travel throughout the city. Surrounded by cafs, restaurants, retail, and entertainment options, it provides the ideal balance between vibrant city living and everyday practicality. Whether you're a student seeking convenient accommodation, first-home buyer seeking a central lifestyle or an investor looking for a strong, long-term opportunity in a prime location, this apartment is one not to be missed.

#photos provided are of a generic nature only

Property History for 712/339 Swanston St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$128,000
04 Dec 1996
Listed for Rent
$395/w
17 Sep 2010
  • 15 Dec 2025
    Listed for Sale Ready for the love at $250-275,000
  • 06 Sep 2010
    Listed for Sale $330,000
  • 23 Jul 2010
    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 64,279 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 369 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2746 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.