100/18 Russell Place, Melbourne, VIC 3000 | Apartment for sale | OnTheHouse
FOR SALE
$350,000 - $380,000

100/18 Russell Place
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 57m2
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Stylish City Retreat in Melbourne's Prestigious Paris End

A rare opportunity within the award-winning Little Hero complex, this ultra-stylish one-bedroom apartment with additional office or child's bedroom presents the perfect blend of sophisticated city living and outstanding investment potential. The apartment has windows on three sides giving North, West, and South aspects – only one apartment per floor has this aspect, all others have 1 window. Positioned in the heart of Melbourne's vibrant CBD, you'll enjoy unrivalled convenience with Chinatown's renowned dining precinct, free city trams, boutique shopping, Flinders Street Station, the theatre district, RMIT University, Treasury Gardens, the MCG, and Melbourne's finest cafés, bars and restaurants all just moments from your doorstep. This is truly a location to be enjoyed for years to come.
Designed by the acclaimed Fender Katsalidis, the apartment showcases quality craftsmanship and intelligent design throughout. The spacious open-plan living and dining area is complemented by a sleek stone-finished kitchen featuring quality appliances, including a premium Fisher & Paykel dish drawer. Step outside onto the private balcony and take in the vibrant neighbourhood outlook over the charming laneway below.
Generously proportioned, the bedroom features wall-to-wall mirrored built-in robes and is serviced by a stylish bathroom complete with a fully tiled walk-in shower and excellent storage. Additional features include a Euro-style laundry, split-system heating and cooling, an inviting entrance hallway, designer lighting, roller blinds, secure video intercom entry and lift access.
With a housing shortage in Melbourne and growing immigrant base, this apartment is equally appealing to owner-occupiers and investors, this apartment offers an exceptional investment opportunity with an estimated rental return of approximately $34,000 per annum, complemented by low quarterly outgoings. With Melbourne continuing to experience a well-documented housing shortage and strong demand for quality inner-city accommodation, the rental market is forecast to remain resilient, making this an investment with excellent long-term prospects.
Whether you're seeking an executive city residence or a high-performing addition to your investment portfolio, this is an opportunity not to be missed.
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Property Details for 100/18 Russell Pl, Melbourne

100/18 Russell Pl, Melbourne is a 1 bedroom, 1 bathroom Apartment. The property has a floor size of 57m2. The place is currently for sale with Bow Residential.

Building Type
Apartment
Floor Size
57m2
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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 64,750 properties. Over the last 5 years, Houses in Melbourne have seen a -35.59% decrease in median value, while Units have seen a -1.07% decrease. As at 31 July 2026:

  • The median value for Houses in Melbourne is $1,425,811 while the median value for Units is $438,824.
  • Houses have a median rent of $713 while Units have a median rent of $680.
There are currently 289 properties listed for sale, and 239 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2552 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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Jarryd Bow
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Bow Residential
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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.