1110/118 Russell StreetMelbourne VIC 3000
Property Details for 1110/118 Russell St, Melbourne
1110/118 Russell St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1950. The property has a land size of 1211m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in December 2023.
Last Listing description (January 2024)
Superbly positioned in one of Melbourne's most renowned Paris-end residential buildings, this north-facing oversized one-bedroom apartment will excite those wanting it all. Formerly a modernist telephone exchange and post office, the Hero Apartments is a fascinating conversion for contemporary living by the notable architect Nonda Katsalidis.
Drenched in natural light with floor-to-ceiling windows the super spacious living room leads to a balcony. The bedroom has wall-to-wall built-in robes and is serviced by a central bathroom. The kitchen is complete with dishwasher and gas cooking.
With a dedication to sustainability, the building offers bicycle storage, rooftop solar panels, a worm farm, a charity bin, and a swap area.
A building with tremendous architectural merit, the perfect combination that has created an outstanding and proven City residential experience complete with a full-time building manager on-site.
Offered with vacant possession, this is the ideal opportunity for a city base, full-time accommodation, or investment in a high-demand building.
Property History for 1110/118 Russell St, Melbourne, VIC 3000
- 02 Dec 2023Sold for $520,000
- 24 Oct 2023Listed for Sale $520,000
- 19 Jun 2023Listed for Sale $580,000 - $600,000
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0About 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 64,265 properties. Over the last 5 years, Houses in Melbourne have seen a -6.38% decrease in median value, while Units have seen a -4.97% decrease. As at 31 March 2026:
- The median value for Houses in Melbourne is $1,346,319 while the median value for Units is $439,159.
- Houses have a median rent of $700 while Units have a median rent of $672.
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