1317/222 Russell StreetMelbourne VIC 3000
Property Details for 1317/222 Russell St, Melbourne
1317/222 Russell St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 3115m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in April 2011.
Last Listing description (June 2007)
Luxury & Style
Four and half star 'Saville Grand Serviced Apartment Suites'. Modern large (approx 70 sqm) one bedroom apartment in the heart of Melbourne features spacious open plan living area, central reverse-cycle heating and cooling system, fully equipped kitchen with Euro appliances and dishwasher.
Hotel facilities consist of gym, heated indoor pool, spa and sauna. Investors consider rental of $19,600 per year and 3% rent increases every year. Body corporate fees paid by the tenants.
Property History for 1317/222 Russell St, Melbourne, VIC 3000
- 28 Apr 2011Sold for $293,000
- 12 Mar 2007Listed for Sale $290,000
- 26 Jan 2006Listed for Sale 280000
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 64,238 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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