1202/318 Russell StreetMelbourne VIC 3000
Property Details for 1202/318 Russell St, Melbourne
1202/318 Russell St, Melbourne is a 2 bedroom, 2 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 2 bedroom Apartment sold in Melbourne in the last 12 months.
Last Listing description (March 2026)
Positioned on Level 12 of the tightly held Abode318 complex and directly facing the State Library of Victoria, this spacious two-bedroom, two-bathroom apartment enjoys an open and uninterrupted outlook, ensuring excellent natural light and a sense of space rarely found in CBD living.
While comfortably set on a mid-level floor, the apartment benefits from its outlook over the State Library precinct, meaning the views remain open and protected from future obstruction, offering an ideal balance between elevation, comfort, and liveability.
The apartment is thoughtfully designed with a generous open-plan living and dining area, complemented by floor-to-ceiling windows that frame the Melbourne city skyline and enhance the sense of openness throughout.
Accommodation is well zoned for privacy and flexibility:
- The master bedroom features two built-in wardrobes and a private ensuite.
- The second bedroom includes a walk-in robe and is positioned next to the central bathroom.
- The central bathroom and laundry can be closed off with an additional door, allowing it to function as an ensuite-style bathroom for the second bedroom, ideal for sharers or guests.
The modern kitchen offers stone benchtops, gas cooking, and ample storage, seamlessly connecting to the living space for easy everyday living or entertaining.
Residents of 318 Russell Street enjoy access to some of the city’s best residential facilities, including:
- 24-hour concierge
- Fully equipped gym
- Indoor heated swimming pool
- Sauna and steam room
- BBQ terrace
- Meeting room
- Private dining room and residents’ lounge
The location is second to none and truly timeless, with QV Melbourne, Melbourne Central and train station, RMIT University, the State Library of Victoria, Lygon Street dining, the theatre district, free trams, and Parliament Station all within easy walking distance.
This outstanding apartment presents a superb opportunity for owner-occupiers and investors alike, combining an intelligent layout, open outlook, premium facilities, and one of Melbourne CBD’s most sought-after addresses.
Property History for 1202/318 Russell St, Melbourne, VIC 3000
- 25 Mar 2026Sold for $720,000
- 16 Jan 2026Listed for Sale $720,000
- 08 Oct 2021Listed for Rent $500 / week
Recent sales nearby
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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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