1206/318 Russell StreetMelbourne VIC 3000
Property Details for 1206/318 Russell St, Melbourne
1206/318 Russell St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 937m2. While the property is not currently for sale or for rent, it was last sold in May 2018.
Last Listing description (May 2025)
Abode318 is ideally located in the heart of Melbourne's CBD, directly opposite the State Library and QV. This one-bedroom, one-bathroom apartment is within walking distance to RMIT University, the University of Melbourne, Chinatown, Carlton Gardens, and the city's main transport hubs, including Melbourne Central Station and Swanston Street Trams. It offers the perfect living space for both students and working professionals.
This apartment is fully furnished and features:
- Secure entry with intercom system
- Spacious, open-concept living area
- Double-glazed reflective windows
- Energy-efficient LED downlights
- A well-appointed kitchen with Miele appliances, including a dishwasher
- Sleek Caesarstone benchtops
- Bedroom with built-in robe
- Central bathroom
- Reverse cycle heating and cooling system
Residents will have access to amenities, including:
- Indoor heated pool
- Spa and sauna
- Equipped gym
- Terrace with BBQ facilities
- Games room
- Resident lounge
** Photos are for advertising purposes only **
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To apply for this property, please visit:
https://snug.com/apply/melcorprealestate
Property History for 1206/318 Russell St, Melbourne, VIC 3000
- 28 Apr 2025Listed for Rent $630 / week
- 07 Dec 2020Listed for Rent $430 / week
- 09 May 2018Sold for $430,000
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 64,264 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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