2406/318 Queen Street, Melbourne, VIC 3000 | Apartment for rent | OnTheHouse
FOR RENT
$850 per week

2406/318 Queen Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Available From
Wednesday 3 December 2025| Bond $3,693
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Showpiece in Paragon Tower.

This immaculately designed two-bedroom, two-bathroom apartment offers the ultimate inner-city sanctuary, bathed in natural light and framed by luxury at every angle. From its stone benchtops and high-end European appliances to its seamless open-plan flow, every detail whispers sophistication.
Step outside your door and into the beating heart of the CBD. Step inside, and escape into pure luxury.
Apartment Highlights:
• Sun-drenched open-plan living and dining
• Designer kitchen with stone finishes & European appliances
• Two generous bedrooms with mirrored built-in robes
• Two sleek bathrooms with quality fittings and timeless design
• Floor-to-ceiling windows to capture Melbourne's skyline
• Storage cage & car-stacker parking
Unmatched Amenities – Only at Paragon:
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Property Details for 2406/318 Queen St, Melbourne

2406/318 Queen St, Melbourne is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The place is currently for rent with OBRIEN REAL ESTATE SEDDON.

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 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 64,216 properties. Over the last 5 years, Houses in Melbourne have seen a -21.74% decrease in median value, while Units have seen a -3.46% decrease. As at 31 October 2025:

  • The median value for Houses in Melbourne is $1,015,953 while the median value for Units is $443,745.
  • Houses have a median rent of $625 while Units have a median rent of $650.
There are currently 282 properties listed for sale, and 249 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2648 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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Figen Caglar
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OBRIEN REAL ESTATE SEDDON
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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.