1004/118 Russell Street, Melbourne, VIC 3000 sold on 04 August 2026 | OnTheHouse
SOLD
RECENT ADVICE
Sold on 04 Aug 2026 for $1,020,000

1004/118 Russell Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 91m2
Land area: 1211m2
Sold By
agent headshot
Belle Property Carlton | Melbourne | North Melbourne
Save

Property Details for 1004/118 Russell St, Melbourne

1004/118 Russell St, Melbourne is a 2 bedroom, 2 bathroom Unit and was built in 1950. The property has a land size of 1211m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
1950
Floor Size
91m2
Land Size
1211m2
Local Government
Melbourne
Lot/Plan
1004/PS428294

Last Listing description (August 2026)

Expressions of Interest - Closing Thursday, 30th July at 2 pm (Unless Sold Prior)Some addresses place you in the city. Others place you at the very centre of it.Positioned on the prized corner of Russell Street and Little Collins Street, this exceptional residence within the iconic Hero Building delivers a lifestyle few can match. From its full-length terrace overlooking the historic spires of St Michael's and Scots' Churches to its expansive interiors framed by floor-to-ceiling glass, every element celebrates the energy, beauty and convenience of Melbourne city living.Designed by acclaimed architect Nonda Katsalidis, Hero remains one of Melbourne's most recognised residential landmarks. Originally the city's telephone exchange, the building's celebrated transformation created a tightly held address highly regarded by discerning owner-occupiers and investors alike.Inside, the generous open-plan living and dining areas extend effortlessly to the terrace, creating an ideal setting for both relaxed everyday living and entertaining. Two well-proportioned bedrooms offer comfortable accommodation, including a spacious main suite complete with an ensuite and extensive built-in robes. The second bedroom features built-in robes and is serviced by a stylish central bathroom.The kitchen is well-appointed with gas cooking and a dishwasher, while a separate laundry, and two large storage cages are a rare inclusion in apartment living adding further appeal for those seeking house-like practicality and convenience.Beyond your front door, Melbourne unfolds in every direction. World-class restaurants, laneway cafs, luxury retail, theatres and cultural institutions are all moments away, placing the very best of the Paris End at your doorstep. Secure building management and on-site staff complete a lifestyle defined by comfort, convenience and prestige.A landmark building. A premier Paris-End position. A rare opportunity to secure one of Melbourne's enduring residential icons.Highlights:- Two storage cages, a rare offering within the building- Full-length terrace with iconic church and city views- Freshly painted throughout- Brand new flooring throughout- Floor-to-ceiling windows with abundant natural light- Spacious open-plan living and dining area- Designed by renowned architect Nonda Katsalidis- Positioned within the iconic Hero Building- Prime Paris End location at Russell & Little Collins Street- Secure building with on-site management and staff- Secure car space

Property History for 1004/118 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$1,020,000
04 Aug 2026
  • 04 Aug 2026
    Sold for $1,020,000
  • 26 Jun 2026
    Listed for Sale $1,020,000
  • 11 Mar 2011
    Sold for $675,000
Sign in to see more transactions
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 64,750 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 286 properties listed for sale, and 233 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2540 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
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.