718/339 Swanston StreetMelbourne VIC 3000
Property Details for 718/339 Swanston St, Melbourne
718/339 Swanston St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1940. The property has a land size of 1191m2 and floor size of 35m2. While the property is not currently for sale or for rent, it was last sold in December 2024.
Last Listing description (February 2025)
(Mid-week inspection during holiday season period available by appointment only)
Welcome to convenience in this 1-bedroom gem nestled in the vibrant heart of Melbourne CBD. Located in the core of the city directly next to Melbourne Central, this abode is primed for its lucky new owner. Conveniently situated in Jensen House, just across from the State Library Victoria and atop Melbourne Central and Emporium Shopping Centre, utility and accessibility are unparalleled. Whether you're seeking a personal haven or an investment opportunity with promising rental returns, this property ticks all the boxes.
Step into the spacious living room, bathed in natural light that seamlessly extends from the well-appointed kitchen boasting a gas cooktop, and ample bench space for culinary endeavours. The bedroom offers generous proportions to fit a double bed, come equipped with surrounding large windows for extra comfort.
Building amenities includes secure intercom, coin operated communal laundry, on-site management, student common room, game room with vending machines, table tennis and pool table.
Unmissable Highlights:
Estimated rental potential of $470 per week
Owner-occupied with pristine condition
Fully repainted throughout
Convenient free tram-stop right outside
Walking proximity to a plethora of colleges and universities such as RMIT, Melbourne University
750m stroll to Victoria Market
Just 850m to Flagstaff Gardens
Melbourne Central Station at doorstep
Available with vacant possession
Property History for 718/339 Swanston St, Melbourne, VIC 3000
- 20 Dec 2024Sold for $245,000
- 29 Nov 2024Listed for Sale $220,000 to $240,000
- 17 Aug 2021Sold for $210,000
Recent sales nearby
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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 64,283 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.
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