Student Living - 740 Swanston - Student Accommodation in Melbourne

Student Living - 740 Swanston

740 Swanston St, Melbourne VIC 3053

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Enjoy boutique student living with fresh air, natural light, and modern studio apartments designed for independence and community. Located directly across from the University of Melbourne and minutes from RMIT, you’re always close to campus. With Lygon Street cafés and supermarkets nearby, it’s the perfect balance of study and lifestyle.
Parking
Elevator
Free Wifi
Courtyard
All Bills Inclusive

Offers

Upto AU$10 Cashback on Your Booking
Upto AU$100 Cashback
Refer a friend and avail AU$25 each
Get a friend to avail AU$25 each

Select your room

Room Types

1 Bedroom Double Apartment

A modern one-bedroom apartment designed for independent student living in a boutique building opposite the University of Melbourne. It includes a private en-suite, kitchenette, study area, and lounge, plus a single bed and heating for year-round comfort. With unlimited internet and easy access to RMIT, Lygon Street cafés, and city trams, it’s perfect for students wanting convenience and community.

TV
Oven
Lounge
Duration:Move in:Move out:
AU$/week

1 Bedroom Single Apartment

A bright one-bedroom apartment offering privacy and comfort just steps from the University of Melbourne. It comes with a private en-suite, kitchenette, study space, and lounge, plus a single bed and heating for added convenience. With unlimited internet, nearby trams, and Lygon Street cafés close by, it’s ideal for independent student living.

TV
Oven
Lounge
Duration:Move in:Move out:
AU$/week

1 Bedroom Twin Single Apartment

A practical one-bedroom apartment designed for two students to share while enjoying a supportive student community. It features a private en-suite, kitchenette, study areas, and lounge space, plus single beds and heating for comfort. With unlimited internet and a prime Swanston Street location, it’s perfect for students who want both convenience and value.

TV
Oven
Lounge
Duration:Move in:Move out:
AU$/week

Double Studio

A spacious studio apartment ideal for students who want independence in a boutique setting. It offers a private en-suite, kitchenette, study space, and lounge, plus a double bed for extra comfort. With unlimited internet, heating, and close proximity to Melbourne Uni and RMIT, it’s a great choice for a self-contained student lifestyle.

TV
Oven
Lounge
Duration:Move in:Move out:
AU$/week

Single Studio

A compact studio apartment perfect for students seeking independence with everything close at hand. It includes a private en-suite, kitchenette, study area, and lounge, plus a single bed and heating for year-round comfort. With unlimited internet and easy access to Melbourne Uni, RMIT, and Lygon Street cafés, it’s ideal for modern student living.

TV
Oven
Lounge
Duration:Move in:Move out:
AU$/week

Payment Policy

Rent and fees must be paid according to the payment schedule outlined in your tenancy agreement, with most properties requiring an advance rent payment, deposit or bond, and initial instalments before check-in; move-in is not allowed until all due payments are cleared. Payments can typically be made via bank transfer, debit/credit card, online portals, or approved international payment methods, and instalment options (usually 1, 2, 3, or 4 payments) may be available depending on eligibility and guarantor requirements, while weekly payments are generally not offered. Utilities such as water, electricity, heating, internet, and sometimes contents insurance are usually included in the rent, though students must cover personal expenses like TV licences and may be exempt from council tax by providing the required proof. Missed or late payments can result in reminders, interest charges, late fees, or further action, so students facing financial difficulty or loan delays are encouraged to contact us early for support. International students can normally pay in full or by instalments (subject to guarantor rules), and all payment amounts, deadlines, and accepted methods will be confirmed in the booking documents. For any assistance or to update payment details, please contact studentengage@alpha-way.com.

Deposit Policy

A deposit or holding fee may be required to secure a booking, with amounts varying by property, and this payment typically converts into a refundable security deposit or is adjusted against initial rent depending on provider terms. Deposits are held safely in accordance with standard deposit protection regulations, often registered with a government-approved tenancy deposit scheme, and cannot be used toward rent unless explicitly stated. The deposit is refundable at the end of your tenancy once your room has been inspected and found to be in good condition, with possible deductions for damage, missing items, cleaning, or unpaid rent; refund timelines usually range from 10–28 days depending on the provider and scheme. If you disagree with any proposed charges, you have the right to dispute them through the relevant deposit protection platform, and our team can assist if needed. In certain cases, properties may require advance rent instead of a traditional deposit; such payments are generally non-refundable but count toward your first rent instalment. For any questions or issues regarding your deposit, please contact studentengage@alpha-way.com.

Cancellation Policy

Cancellations are subject to the individual terms of each property and the conditions outlined in your tenancy or licence agreement. In most cases, bookings become non-refundable after confirmation, except in specific situations such as visa refusal, university place not secured, or other documented exceptional circumstances. Some properties may offer a short cooling-off period (usually 7 days) during which you can cancel for a full refund of your deposit; after this period, deposits and fees are generally non-refundable, and you may remain liable for rent until a replacement tenant is found and approved. Early move-out or cancelling after the tenancy has begun will normally require paying rent until a suitable replacement is secured, along with any admin or re-letting fees charged by the provider. Alphaway is a third-party booking platform and does not control provider decisions; all refund, cancellation, and release outcomes are determined solely by the accommodation provider under their policies and local regulations. For any cancellation request, please contact studentengage@alpha-way.com.

Frequently Asked Questions

What is a Bond?

Paying the Bond?

When should I apply?

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How much is the Bond?