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1012/339 Swanston Street, Melbourne$315,000
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For Saleapartment

1012/339 Swanston Street

Melbourne, VIC 3000, Australia
$300,000 – $330,000
2 bed 1 bath48 m²

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About this property

Located in the real heart of Melbourne CBD, Central Shopping Mall and Train Station just downstairs, opposite State Library, 1 minute walk to QV Shopping Center, Chinatown and RMIT, not to mention having the tram right on your doorstep!! This bright and serene two bedroom apartment 48 sqm on level 10 features two good size bedrooms with BIR, open plan kitchen with gas cooking, separate bathroom and fully furnished with lounge, bed, sofa, dining table, Fridge. Downstairs, the air conditioned games rooms featuring computers, BIG TV, pool and table tennis tables and reading lounges are all available for your use at anytime. $520/week rental income before the Covid-19 which is equal to 8.2% rental return. Although potential rental is $400/week now, the rental market is getting better now since overseas students come back in 2022. We believe the rental price would be recovery in next 6-12 months, so this is the last chance to get this two bedroom at this affordable price. Body corporate $5,533/year, Council rates $723/year, Water rates $536/year. Vacant possession is available now This apartment is absolutely perfect for a professional looking for a quiet city pad or if you're a first home buyer looking for that first property that's so hard to find and decide on! Vendor says sell. For more information, please contact Stephen Shen on 0468 955 586.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Land Area
48 m²
Listed
3 months ago

Repayment calculator

$1,527/month
$764 /fortnight
Loan $252,000 at 6.10% over 30 years

Upfront costs

Deposit$63,000
Stamp duty$13,970
Conveyancing (est.)$2,000
Total upfront$78,970
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Melbourne

This 2-bedroom apartment in Melbourne, VIC 3000 sits within reach of public transport, local shops and nearby schools. It is listed 36% below the $492,500 median of 79 comparable apartmentswithin 5 km.

Schools near Melbourne

  • Eltham College - Lonsdale Street Campuscombined
  • Melbourne Grammar Schoolcombined · Prep-12 · CoEd
  • Melbourne Grammar School - Wadhurst Campuscombined
  • Victorian College For The Deafcombined · U · CoEd
  • Wesley Collegecombined · Prep-12 · CoEd
  • Holmes Grammar Schoolsecondary · 11-12

What's nearby

  • Melbourne Central rail replacement stop (bus)94 m away
  • 7-Eleven190 m away
  • Unnamed55 m away
  • Unnamed69 m away
  • Unnamed71 m away

Melbourne at a glance

Full suburb profile
Population
54,941
Median age
29
Household income
$1,448/wk
Median rent
$381/wk
Median mortgage
$1,800/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Melbourne price trend

Median sold · Unit 2 bed

Compound growth -2.4% / yr over 4 yrs

$633kcurrent median

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Price history

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1 price change recorded for this property

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