803/318 Queen Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

803/318 Queen Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Land area: 673m2
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Last updated 26 Jan 2026
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Property Details for 803/318 Queen St, Melbourne

803/318 Queen St, Melbourne is a 2 bedroom, 2 bathroom Unit. The property has a land size of 673m2. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
Unit
Land Size
673m2
Local Government
Melbourne
Lot/Plan
803/PS637192

Last Listing description (January 2026)

*Partially-furnished

Nestled within the iconic Paragon building and designed by the renowned Fender Katsalidis Architects, this 2-bed 2-bath residence seamlessly combines convenience, elegance, and modern style.

Key Features:

Spacious Bedrooms: The main bedroom boasts built-in robes and Ensuite, complemented by a second bedroom and a chic central bathroom featuring a floating vanity and terrazzo accents.

Light-Filled Living Area: Enjoy a bright and airy living and dining space, ideal for relaxation and entertaining.

Gourmet Kitchen: Crafted by celebrated chef Adam D'Sylva, the kitchen showcases European appliances, stone benchtops and organic textures, perfect for culinary enthusiasts.

Exclusive Resident Amenities:

Australia's first three-storey indoor forest
A private library
A 15-meter lap pool
Premium entertainment spaces

Prime Location: Situated in Melbourne's bustling CBD, this apartment is just a short stroll from the city's best shops, restaurants, universities, and vibrant lifestyle precincts.

Paragon is a boutique luxury development, designed to provide an intimate living experience. The architecture maximizes breathtaking views, offering prized corner vistas and limiting density to just four to six residences per floor. Two floors are dedicated to a variety of resident amenities that rival the world's most exclusive luxury hotels.

Inspired by Melbourne's lush green spaces, the three-storey indoor urban forest serves as a stunning conservatory-like feature, providing tranquil and restorative spaces to unwind or entertain-truly a unique offering in Melbourne's real estate landscape.

**Photos are for advertising purposes only
**Bond is one month rental

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Property History for 803/318 Queen St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$652,800
05 May 2017
Listed for Rent
$815/w
28 Jan 2026
  • 05 Jan 2026
    Listed for Rent $815 / week
  • 25 Oct 2024
    Listed for Rent $800 / week
  • 26 Jun 2023
    Listed for Rent $800 / week
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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 64,284 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:

  • The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
  • Houses have a median rent of $640 while Units have a median rent of $670.
There are currently 252 properties listed for sale, and 351 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2785 properties were sold in the past 12 months in Melbourne.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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