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502/339 Swanston St, Melbourne$215,000
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For Saleapartment

502/339 Swanston St

Melbourne, VIC 3000, Australia
$215,000
1 bed 1 bath

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About this property

Positioned in the absolute heart of Melbourne's CBD, this superb one-bedroom apartment at 339 Swanston Street offers an unbeatable lifestyle opportunity directly opposite the iconic State Library and with Melbourne Central literally next door. Whether you're an owner-occupier or investor, this address delivers the very best of city living with culture, dining, retail and transport all at your doorstep. Set within a secure, well-managed building with onsite managers and resident facilities, the apartment enjoys a desirable north-easterly aspect, welcoming natural light throughout the day. The building's strong management and security make it an ideal low-maintenance choice for professionals, students or savvy investors seeking peace of mind in a central location. Inside, the apartment features a generously sized kitchen and lounge area, perfect for everyday living and entertaining. The separate bedroom is well-proportioned and includes built-in robes, while the sleek, modern bathroom is finished with clean lines and contemporary fittings, offering both style and functionality. With a tram stop right out front, Melbourne Central Station moments away, and close proximity to RMIT University and the University of Melbourne, this property is surrounded by constant rental demand and lifestyle convenience. A premium city address combined with comfort, light and location makes this apartment a standout opportunity in one of Melbourne's most tightly held precincts.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Listed
3 months ago

Repayment calculator

$1,042/month
$521 /fortnight
Loan $172,000 at 6.10% over 30 years

Upfront costs

Deposit$43,000
Stamp duty$7,970
Conveyancing (est.)$2,000
Total upfront$52,970
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 1-bedroom apartment in Melbourne, VIC 3000 sits within reach of public transport, local shops and nearby schools. It is listed 56% below the $490,000 median of 80 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)90 m away
  • 7-Eleven190 m away
  • Unnamed54 m away
  • Unnamed66 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 1 bed

Compound growth -0.8% / yr over 4 yrs

$345kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

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