1101/340 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1101/340 Russell Street
Melbourne VIC 3000

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 119m2
Land area: 4534m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 18 May 2026
Low

High
Save

Property Details for 1101/340 Russell St, Melbourne

1101/340 Russell St, Melbourne is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1943. The property has a land size of 4534m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in March 2016.

Building Type
Unit
Year Built
1943
Floor Size
119m2
Land Size
4534m2
Local Government
Melbourne
Lot/Plan
1101D/PS501388

Last Listing description (July 2020)

******PRIVATE, HYGIENIC RESTRICTION COMPLIANT ONE-ON-ONE VIEWINGS BY APPOINTMENT ONLY******

Email: jcaine@caine.com.au to arrange a private appointment


Located within the former headquarters of Victoria Police, this grand penthouse apartment offers stunning city views and is only a short walk from the State Library, Melbourne Central and Lygon Street.

Features:
- 50sqm (approx.) wrap around terrace with stunning city views
- 120sqm (approx) apartment area
- Double master bedroom with en suite and walk in robe
- Double second bedroom with en suite and private terrace area
- 3rd bedroom/study/living space
- Separate study or office area
- Open plan kitchen with stainless steel bench top, dishwasher, microwave, oven and 4 gas burner cooktop
- Laundry area
- Heating and cooling
- 2 secure car spaces
- Building facilities include: Heated pool, sauna, spa, gym, 24 hour concierge and a sunny courtyard with BBQ area

**Please note the bond is equivalent to 6 weeks rent
*****In light of the changing conditions and to assist in minimizing the risk of spreading COVID-19 our team will be observing additional precautions whilst conducting inspections.

PLEASE NOTE - Inspection by private appointment only

Caine will be conducting inspections by private appointment only. Before you request to book a private inspection of a property, we ask that you:

- Ask Caine for our guided video inspection of the property

- Conduct further research on the location of the property to ensure it suits all your needs

- Conduct a drive-by if possible



No handshaking

Our team members will sanitize hands prior to the commencement of each inspection

Team members will wear disposable gloves and open front doors and internal doors for those inspecting the property

Please keep a distance of approximately 1.5 metres from our team members. We will stagger/limit numbers through properties during inspections to ensure you have a safe distance from other attendees

Please refrain from touching items/fixtures and doors within properties - if you would like to view something, in particular, request the agents assistance

Private inspections will be available upon request *****

Property History for 1101/340 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$950,000
07 Mar 2016
Listed for Rent
$925/w
13 Jul 2020
  • 27 Apr 2020
    Listed for Rent $925 / week
  • 15 Jan 2018
    Listed for Rent $960 / week
  • 05 Apr 2017
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

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

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.