6/390-392 Russell Street, Melbourne, VIC 3000 | Apartment for sale | OnTheHouse
 
FOR SALE
$899,000

6/390-392 Russell Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Loft Style Oversized Heritage Apartment 1.5 bathroom in the heart of CBD

The Phone Code for this property is: 45632. Please quote this number when phoning or texting.
Rare loft apartment in Melbourne CBD!
I - The building
Some buildings just stand there. This one has something to say. Planted on the corner of Russell and Victoria Street since the 1800s, this grand heritage conversion has watched Melbourne grow up around it - and has refused, quietly and stubbornly, to be ordinary.
Its Victorian bones are still intact: the ornate facades, the proud corner presence, the sense that whoever built it cared deeply about what they were leaving behind. Inside, only 24 apartments share this address - a building so rarely traded that most people in Melbourne don't even know it exists.
"From the moment you step through the front door, you stop thinking about the city outside."
The grand staircase rises to greet you. The entrance foyer sets a tone - unhurried, considered, impossible to replicate in anything built in the last hundred years. You know, immediately, that you are somewhere without peer in the CBD.
II - The apartment
Unit 6 opens with ceilings that genuinely surprise you. Not just high - soaring. And framed by an arched window that draws a curve of light across the room in a way that makes the living space feel more like a painting than a floor plan.
The living room is generous without being cavernous - the kind of room where a dinner party feels effortless and a quiet Tuesday evening feels equally right. The kitchen is well-appointed, with gas cooking and a dishwasher, and the kind of storage that actually works.
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Property Details for 6/390-392 Russell St, Melbourne

6/390-392 Russell St, Melbourne is a 2 bedroom, 2 bathroom Apartment. The place is currently for sale with For Sale By Owner Australia Pty. Ltd..

Building Type
Apartment
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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 64,744 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 283 properties listed for sale, and 213 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2478 properties were sold in the past 12 months in Melbourne.

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