FOR SALE
$220,000 to $240,000

718/339 Swanston Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Cityside Serenity: Stylish Living in the Heart of Melbourne

(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
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Property Details for 718/339 Swanston St, Melbourne

718/339 Swanston St, Melbourne is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Ray White Southbank | Port Phillip.

Building Type
Apartment

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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 2011 was 28,370 people. By 2016 the population was 47,293 showing a population growth of 66.7% 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 2011, 34.7% of the homes in Melbourne were owner-occupied compared with 29% in 2016.

Melbourne has 61,550 properties. Over the last 5 years, Houses in Melbourne have seen a 14.85% increase in median value, while Units have seen a -3.54% decrease. As at 30 November 2024:

  • The median value for Houses in Melbourne is $1,252,430 while the median value for Units is $449,245.
  • Houses have a median rent of $588 while Units have a median rent of $650.
There are currently 384 properties listed for sale, and 336 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2198 properties were sold in the past 12 months in Melbourne.

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Giorgio Fulli
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Michael Pastrikos
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Ray White Southbank | Port Phillip
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