1305/118 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1305/118 Russell Street
Melbourne VIC 3000

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 155m2
Land area: 1211m2
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Property Details for 1305/118 Russell St, Melbourne

1305/118 Russell St, Melbourne is a 3 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 155m2. While the property is not currently for sale or for rent, it was last sold in November 2007.

Building Type
Unit
Year Built
1950
Floor Size
155m2
Land Size
1211m2
Local Government
Melbourne
Lot/Plan
1305/PS428294

Last Listing description (September 2025)

HOW DO I REGISTER TO INSPECT ? - Instructions available below this ad.

The Hero building is situated on the corner of Little Collins Street and Russell Street, perfectly located to enjoy Melbourne's lively cafes and restaurants.

- Apartment situated on the 13th floor, boasting an expansive floor plan of around 155m2

- Spacious open plan living and dining area
- Floor to ceiling glazing windows allow natural light to brighten up the entire apartment
- Kitchen equipped with ample space, stainless steel appliances and island bench
- Gas cooking
- Master bedroom with built-in robes
- Modern en-suite with shower
- Two bedrooms with large windows and built-in robes
- Main Bathroom with large arched shower and separate bath
- Bonus study nook or alternatively can be used as extra storage room
- Ducted heating & cooling
- Large and secure balcony running along lounge room and two bedrooms
- One secure car space included inside the building

Building information:
- Moves in permitted between Monday - Friday only. No moving of large items on weekends.
- Gas included in the rent
- Hot Water: Embedded with Network Energy

****To Register for Inspection****
You must register to inspect our properties. To see times & book your inspection please click "contact the agent" a quick registration link will be sent to you.

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: https://harcourtsmelbournecity.com 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: http://melbournecity.harcourts.com.au/Home/Contact-Us/Privacy-Policy

Property History for 1305/118 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$855,000
23 Nov 2007
Listed for Rent
$1.00k/w
12 Jan 2023
  • 10 Jul 2025
    Listed for Rent $1,060 / week
  • 05 Jan 2023
    Listed for Rent $1,000 / week
  • 23 Nov 2007
    Sold for $855,000
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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 64,264 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 298 properties listed for sale, and 161 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2688 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.