1203/118 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1203/118 Russell Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 94m2
Land area: 1211m2
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Property Details for 1203/118 Russell St, Melbourne

1203/118 Russell St, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1954. The property has a land size of 1211m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Unit
Year Built
1954
Floor Size
94m2
Land Size
1211m2
Local Government
Melbourne
Lot/Plan
1203/PS428294

Last Listing description (August 2018)

***FULLY FURNISHED***
***1 car space available, please enquire within for more details***

This contemporary, fully furnished Nonda Katsalidis masterpiece will take your breath away upon first inspection. Superbly located in the heart of the CBD on the corner of Russell and Little Collins Streets, you will be spoilt for choice with a myriad of cafes, bars, shops and restaurants right at your doorstep.This well-designed property boasts soaring ceilings and is flooded with natural light, portraying a vast, open-plan feel not commonly afforded to inner-city dwellings.
Enjoy views of iconic Melbourne landmarks from your South-facing, full width terrace, leading out from a spacious open-plan living and dining area. A pedigree kitchen with granite and marble finishes & imported appliances are sure to excite the entertainer, plus the convenience of a separate modern bathroom for guests. Also comprising two big and bold bedrooms -master with ensuite and direct access to balcony, this supremely fitted apartment is ideal as a compact city base.
Additional features include a resident building manager, split-system heating and cooling, double-glazing and contemporary furnishings allowing you to literally just bring your bags!
***1 car space available, please enquire within for more details***

Property History for 1203/118 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$950,000
24 Nov 2020
Listed for Rent
$750/w
15 Aug 2018
  • 24 Nov 2020
    Sold for $950,000
  • 24 Jul 2018
    Listed for Rent $750 / week
  • 07 Nov 2016
    Listed for Rent $750 / week
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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 64,330 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 307 properties listed for sale, and 181 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2666 properties were sold in the past 12 months in Melbourne.

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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.