1605/318 Queen Street, Melbourne, VIC 3000 | Apartment for rent | OnTheHouse
FOR RENT
$850 Per Week

1605/318 Queen Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Available From
Thursday 28 May 2026
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Save

Perfectly Positioned, 2 Bedrooms Apartment Unit

Perfectly positioned Right walk distance to Melbourne central and Queen Victoria Markets
Only minutes away from RMIT and Melbourne University, with many restaurants and cafes at the doorstep.
Apartment features include:
- Security Entrance
- Heating and Cooling
- Both bedrooms have windows and good natural light
- gas cook tops/electric oven and dishwasher
- Spacious bathroom
PARAGON Apartments also features include a residents' lounge, private theatre, library and bar and dining areas. Residents will also have access to a 15 metre lap pool, spa and gymnasium and a multi-level landscaped terrace.
* Award-winning architecture and interiors by Fender Katsalidis Architects
See More

Property Details for 1605/318 Queen St, Melbourne

1605/318 Queen St, Melbourne is a 2 bedroom, 2 bathroom Apartment. The place is currently for rent with VicHomes Real Estate Group.

Building Type
Apartment
Commute Calculator

About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. There are 9 parks, covering nearly 2.5% of the 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 64,359 properties. Over the last 5 years, Houses in Melbourne have seen a 5.76% increase in median value, while Units have seen a -4.47% decrease. As at 30 April 2026:

  • The median value for Houses in Melbourne is $1,457,082 while the median value for Units is $442,735.
  • Houses have a median rent of $700 while Units have a median rent of $675.
There are currently 299 properties listed for sale, and 211 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2646 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

Market Insights
Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
agent headshot
Steven Kwek
Show contact details
VicHomes Real Estate Group
Preferred contact:
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.