1010/318 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1010/318 Russell Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 70m2
Land area: 937m2
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Property Details for 1010/318 Russell St, Melbourne

1010/318 Russell St, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 937m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in February 2025.

Building Type
Unit
Year Built
2014
Floor Size
70m2
Land Size
937m2
Local Government
Melbourne
Lot/Plan
1010/PS720256

Last Listing description (March 2025)

From the breathtaking CBD views to the west, which you'll never tire of, to the impeccable attention to detail and captivating contemporary design, this luxurious 2-bedroom, 2-bathroom residence in the prestigious Abode318 complex is an elite offering that's simply magical.

The open-plan lounge and dining area seamlessly flows to the undercover balcony, showcasing exceptional views of the towering city buildings. The kitchen is a chef's dream with high-end stone benchtops, a breakfast bar perfect for casual meals, and premium Miele appliances, including a dishwasher. It also overlooks the main living area, adding to the spacious and connected feel.

Located on a lower level, this apartment offers the advantage of less elevator waiting time, providing you with easy access to the street and a quicker connection to the vibrant city around you.

Both bedrooms are generously sized, with the master offering plenty of space for a king-sized bed, while the second bedroom is equally spacious. The master bedroom features a mirrored built-in robe and a stylish private ensuite, while the second bedroom, also with a BIR, is conveniently located near the well-appointed bathroom, which includes laundry facilities. Additional features include ducted heating and cooling, double-glazed windows, LED downlights, and the convenience of being Foxtel and NBN ready, all secured by an intercom system.

Enjoy unparalleled access to a range of amenities including a 24-hour concierge, fully equipped gym, indoor heated swimming pool, sauna, steam room, BBQ terrace, meeting room, and private dining and lounge areas.
The location is unbeatable, just moments away from RMIT University, QV Melbourne shopping and dining, Melbourne Central and its train station, iconic Lygon Street restaurants, the State Library of Victoria, Carlton Gardens, Melbourne's vibrant theatre district, free trams, and Parliament Station.

Property History for 1010/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$720,000
24 Feb 2025
Listed for Rent
$825/w
06 Jun 2023
  • 24 Feb 2025
    Sold for $720,000
  • 23 Feb 2025
    Listed for Sale $710,000 - $730,000
  • 28 Jul 2021
    Listed for Rent - Price not available
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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 64,328 properties. Over the last 5 years, Houses in Melbourne have seen a 5.76% increase in median value, while Units have seen a -4.47% decrease. As at 30 April 2026:

  • The median value for Houses in Melbourne is $1,457,082 while the median value for Units is $442,735.
  • Houses have a median rent of $700 while Units have a median rent of $675.
There are currently 306 properties listed for sale, and 185 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2655 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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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.