1208/222 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

1208/222 Russell Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 67m2
Land area: 3115m2
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Last updated 9 Mar 2026
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Property Details for 1208/222 Russell St, Melbourne

1208/222 Russell St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2000. The property has a land size of 3115m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in November 2014.

Building Type
Unit
Year Built
2000
Floor Size
67m2
Land Size
3115m2
Local Government
Melbourne
Lot/Plan
1211/PS337555

Last Listing description (March 2023)

Situated on the 12th floor and with a Southerly aspect is this impressive Studio apartment measuring 32 sqm. The open plan living/dining/bedroom area has an adjoining kitchenette plus excellent natural light. BIRs and sparkling bathroom are also on offer.

The building has an impressive pool and gym area, is in a prime Melbourne location in the heart of the China Town and theatre precincts of Melbourne, and also has a quality restaurant and bar attached. With Mantra offering an impressive rental of $285 per week from November 2022 until October 2023 this top quality property would be a welcome addition to your investment portfolio or be a future city pad.

Currently leased to the Mantra hotel, the new owner will have the opportunity to either extinguish the current lease and occupy the apartment from 1st November 2023, or lease to Mantra for another year.

Inspection by private appointment only.

Contact Nick Walters of Kingsford Property - Melbourne's Apartment Specialists.

M: 0438 557 885
E: nick@kingsfordproperty.com.au

Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent

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Property History for 1208/222 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$370,000
28 Nov 2014
  • 14 Feb 2023
    Listed for Sale $215,000
  • 15 Dec 2022
    Listed for Sale Contact Agent
  • 28 Nov 2014
    Sold for $370,000
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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 64,236 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.
There are currently 254 properties listed for sale, and 181 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2764 properties were sold in the past 12 months in Melbourne.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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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.

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