1204/118 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1204/118 Russell Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 95m2
Land area: 1211m2
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Property Details for 1204/118 Russell St, Melbourne

1204/118 Russell St, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 1211m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
Unit
Year Built
1950
Floor Size
95m2
Land Size
1211m2
Local Government
Melbourne
Lot/Plan
1204/PS428294

Last Listing description (January 2021)

Deadline Sale (if not sold prior)- 1.00pm 21/12/2020

- Melbourne's Paris End living at its best
- Built in 1954 converted in 2002

- Former Telephone Exchange and Post Office
- The Hero Apartments, Nonda Katsalidis conversion
- A sprawling 91m2 internally to enjoy
- Full length balconies extend the living areas
- Elevated 12th floor position with stunning views
- Sleek kitchen with gas cooktop, lots of bench space and ample storage
- Separate laundry room including a trough
- Two generous bedrooms with abundant robes
- Two gorgeous bathrooms, en-suite with large bath
- Heating and cooling for year-round comfort
- Enviable secure car park is included
- Community minded building with fantastic initiatives in place

Watch the sun go down in the distance while enjoying heritage church steeples and the TandG Building and Forum Theatre in your foreground, possibly with a glass of bubbles on New Year's Eve to bid adieu to 2020.

Whilst every care is taken to ensure accuracy of the sizes, plans and information contained herein no guarantees or warranties are given. Clients are required to make their own investigations, carefully check the formal legal documentation and seek independent professional legal advice.

Property History for 1204/118 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$960,000
21 Dec 2020
Listed for Rent
$450/w
16 Feb 2007
  • 21 Dec 2020
    Sold for $960,000
  • 01 Dec 2020
    Listed for Sale Deadline Sale - If not sold prior
  • 10 Feb 2007
    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 64,265 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 301 properties listed for sale, and 168 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2665 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.