1207/118 Russell StreetMelbourne VIC 3000
Property Details for 1207/118 Russell St, Melbourne
1207/118 Russell St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1950. The property has a land size of 1211m2.
Last Listing description (March 2026)
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Furnished apartment in the highly desirable Hero Apartments
Oversized one bedroom plus study (can be used as a second bedroom)
Light-filled, bright open-plan living and dining area
Open-plan kitchen with spacious layout and gas cooking
Private balcony
Generous main bedroom with built-in robes
Separate study or second bedroom
Modern central bathroom with large shower and separate bath
Designated laundry area with laundry trough
Split system heating and cooling
Secure building with intercom and lift access
Prime CBD location moments from Federation Square, Bourke Street Mall, theatres, restaurants, and public transport
Move in between Monday to Friday only.
Gas included in rent
Hot water usage through Embedded networks Origin Energy - https://www.originenergy.com.au/electricity-gas/embedded-energy/
*** No bedding, towels or kitchenware provided. Renter to provide own***
What is WHU?
Warehouse, Heritage & Unique or what our team refers to as WHU is a category of property that differentiates from the others.
This symbol appears on the properties that our team have identified as exhibiting one or more of these characteristics.
Harcourts Melbourne City, Estate Agents, specialising in sales & leasing of Warehouse, Heritage, Unique WHU properties in Melbournes inner city. For information on inner city property for sale or rent or for expert real estate advice visit: melbourneharcourts.com.au or phone us on 03 9664 8100
Harcourts Melbourne City is committed to maintaining the protection of the personal information it collects during the course of its business, as it is obliged to do under state and federal legislation. Please find a full copy of our privacy policy on our website: https://www.melbourneharcourts.com.au/privacy-and-security-policy/
Property History for 1207/118 Russell St, Melbourne, VIC 3000
- 12 Feb 2026Listed for Rent $650 / week
- 28 Jul 2020Listed for Rent $450 / week
- 14 Mar 2017Listed for Rent - Price not available
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 64,236 properties. Over the last 5 years, Houses in Melbourne have seen a 33.17% increase in median value, while Units have seen a -4.37% decrease. As at 28 February 2026:
- The median value for Houses in Melbourne is $1,808,781 while the median value for Units is $436,528.
- Houses have a median rent of $650 while Units have a median rent of $675.
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