1301/318 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

1301/318 Russell Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Land area: 937m2
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Last updated 29 Dec 2025
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Property Details for 1301/318 Russell St, Melbourne

1301/318 Russell St, Melbourne is a 2 bedroom, 2 bathroom House 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 February 2014.

Building Type
House
Year Built
2014
Land Size
937m2
Local Government
Melbourne
Lot/Plan
1301/PS720256

Last Listing description (October 2025)

Abode 318 is located in the heart of Melbourne CBD, opposite the State Library and QV, within walking distance to RMIT University, University of Melbourne, Chinatown, Carlton Garden, and city's major transport hubs including Melbourne Central Station and Swanston Street Trams. It is the perfect place for students or working professionals alike.

This FURNISHED 2 Bed, 2 Bath apartment cleverly designed open plan & comprises:
-Floor to ceiling windows throughout offering spectacular city view

-Well equipped kitchen with Miele appliances including dishwasher
-Fridge, washer, dryer and oven Inc.
-Caesar stone bench tops
-Double glazed reflective windows
-Reverse cycle heating and cooling
-LED down lights
-24 hour concierge and Building Security
-Foxtel & NBN internet connection ready

INCLUDES FREE USE of onsite facilities including:
Fully Equipped Gymnasium
Indoor Heated Swimming Pool
BBQ Terrace
Meeting Room
Private Dining Room & Lounge Area
*** TO AVOID DISAPPOINTMENT, PLEASE REGISTER TO INSPECT PROPERTIES ****
By registering your details, you will be INSTANTLY informed of any updates, changes or cancellations for your property appointment as an open inspection time may subject to change or cancellation at any time, please note you must register the inspection rather than put in enquiry in order to receive update information of the open inspection.
***The photos/video may not accurately reflect the current states of the property include but not limited to the furniture, flooring, decoration and other fitting, please inspect the property or confirm with our staff before applying.

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Property History for 1301/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$689,000
01 Feb 2014
Listed for Rent
$840/w
18 Sep 2025
  • 12 Sep 2025
    Listed for Rent $840 / week
  • 28 Aug 2023
    Listed for Rent $790 / week
  • 01 Feb 2014
    Sold for $689,000
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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 64,250 properties. Over the last 5 years, Houses in Melbourne have seen a -25.47% decrease in median value, while Units have seen a -3.96% decrease. As at 30 November 2025:

  • The median value for Houses in Melbourne is $1,033,829 while the median value for Units is $440,645.
  • Houses have a median rent of $635 while Units have a median rent of $660.
There are currently 250 properties listed for sale, and 255 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2735 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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