912/339 Swanston Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

912/339 Swanston Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 48m2
Land area: 1191m2
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Property Details for 912/339 Swanston St, Melbourne

912/339 Swanston St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1940. The property has a land size of 1191m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in February 2016.

Building Type
Unit
Year Built
1940
Floor Size
48m2
Land Size
1191m2
Local Government
Melbourne
Lot/Plan
912/PS401839

Last Listing description (March 2016)

POSITIONED CENTRALLY TO MOST CITY AMENITIES IN THE HEART OF SWANSTON STREET, THIS TWO BEDROOM APARTMENT IS IDEALLY SUITED FOR A RANGE OF PURPOSES AND REQUIREMENTS.MEASURING UP AT 48 SQM, IT CONSISTS OF A SPACIOUS LIVING AREA, MASTER BEDROOM, SECOND BEDROOM / STUDY (BOTH WITH BIR S) AND IS FULLY FURNISHED COMPLETE WITH APPLIANCES TOO.CURRENTLY VACANT, THIS APARTMENT MAKES AN IDEAL INVESTMENT AND OFFERS INVESTORS A RETURN IN EXCESS OF 8% GROSS WITH A RENTAL ESTIMATE OF APPROXIMATELY $450 PER WEEK QUITE EASILY - PROBABLY SLIGHTLY MORE GIVEN THIS TIME OF YEAR. IF YOU RE LOOKING FOR SOMETHING TO LIVE IN, MAYBE A CITY PAD OR PLACE OR PERHAPS SOMEWHERE FOR THE KIDS TO LIVE WHILE THEY STUDY THEN THIS IS IDEAL WITH ITS WELL-PROPORTIONED FLOOR PLAN, POSITION AND ACCESS TO TRANSPORT.ANOTHER ASPECT TO THIS APARTMENT WORTH MENTIONING IS THAT UNLIKE OTHER APARTMENTS, THIS FEATURES A CENTRAL POSITION OFFERING TOTAL PEACE AND QUIET FOR THOSE WHO WANT TO ESCAPE THE SOMETIMES ANNOYING NOISES OF THE CITY AND IS PERFECT FOR THOSE WHO MAY READ OR ARE STUDYING AND APPRECIATE CONCENTRATION WITHOUT DISTRACTIONS. VACANT POSSESSION IS AVAILABLE IN 90 DAYS IF REQUIRED, REASONABLE OUTGOINGS WITH AN EXCELLENT OWNERS CORPORATION COMPANY WHO RUN THE BUILDING WITH PERFECTION.EXCELLENT SECURITY AND GOOD COMMUNITY OF RESIDENTS WITH PEOPLE FROM ALL GROUPS FROM OWNER OCCUPIERS AND FAMILIES TO STUDENTS AND PROFESSIONAL PEOPLE.THE BUILDING ITSELF FEATURES QUITE A HISTORY, BUILT BACK IN THE 1940 S WITH ORIGINALLY 11 STORIES, IT HOUSED GOVERNMENT OFFICES AT ONE STAGE AND THEN BECAME HQ FOR TAA (TRANS AUSTRALIA AIRLINES) AND IN EARLY 1997, THREE FURTHER LEVELS WERE ADDED MAKING IT 14 STORIES AND FEATURING 270 APARTMENTS OF ALL SHAPES AND SIZES, MOST OF WHICH WERE PURCHASED OFF THE PLAN BY INVESTORS. THE BUILDING HAS SEEN SOME REMARKABLE SALES AND TREMENDOUS CAPITAL GROWTH OVER THE YEARS AND IS A VERY POPULAR BUILDING WITH ITS DYNAMIC LOCATION!PLEASE NOTE THAT AS THIS IS A NEW LISTING, SEVERAL INTERNAL PHOTOS OF ANOTHER IDENTICAL APARTMENT HAVE BEEN USED UNTIL ACTUAL PHOTOS BECOME AVAILABLE. INSPECT AS ADVERTISED. CONTACT AGENT FOR FURTHER DETAILS.FEATURES INCLUDE: HEATING,BROADBAND INTERNET ACCESS,GAS,FURNISHED,BUILT IN WARDROBES,INTERCOM

Property History for 912/339 Swanston St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$260,000
18 Feb 2016
Listed for Rent
$395/w
12 Nov 2010
  • 18 Feb 2016
    Sold for $260,000
  • 30 Jan 2016
    Listed for Sale $265,000 TO $275,000
  • 16 Oct 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 362 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2744 properties were sold in the past 12 months in Melbourne.

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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.