1309/118 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1309/118 Russell Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 1309/118 Russell St, Melbourne

1309/118 Russell St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. While the property is not currently for sale or for rent, it was last sold in March 2017.

Building Type
Unit
Year Built
1950
Local Government
Melbourne
Lot/Plan
1309/PS428294

Last Listing description (June 2024)

Prestige and Convenience in the Heart of Melbourne

Step into an unparalleled lifestyle in the exclusive HERO building, where this compelling 2-bedroom, 1-bathroom apartment awaits, complete with secure parking. From the moment you enter, you'll be captivated by its sophisticated elegance and sweeping city vistas, offering a lifestyle beyond compare.

The apartment's centrepiece is its sleek kitchen, equipped with premium appliances, granite benchtops, and bespoke cabinetry a paradise for culinary enthusiasts. The luxurious living area, adorned with high-quality floorboards, seamlessly extends to a full-length, north-facing balcony, filling the apartment with natural light while framing exquisite views of the cityscape. Both bedrooms, with built-in robes, offer tranquil retreats overlooking Melbourne's iconic skyline, while the modern bathroom, air conditioning, secure off-street parking, and security remote entrance underscore the apartment's thoughtful design.


Beyond your front door, Melbournes vibrant lifestyle unfolds. The HERO building places you steps away from the Theatre District, MCG, Federation Square, and Flinders Street Station, providing unparalleled access to the city's finest restaurants, bars, and cafes. This residence is your gateway to Melbourne's rich tapestry of culture and excitement, blending charm, character, and contemporary luxury.

Property History for 1309/118 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$876,500
26 Mar 2017
  • 11 Jun 2024
    Listed for Rent $820 per week
  • 05 Apr 2024
    Listed for Sale $920,000
  • 28 Jan 2020
    Listed for Rent $600 per week
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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 64,227 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 300 properties listed for sale, and 168 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2655 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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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.