1402/118 Russell StreetMelbourne VIC 3000
Property Details for 1402/118 Russell St, Melbourne
1402/118 Russell St, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1954. The property has a land size of 1211m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in March 2017.
Last Listing description (March 2017)
Inspirational top floor two bedroom apartment being one of only three on the penthouse level at the renowned Hero Apartment Building. Comprising a very inviting open plan living area incorporating an excellent kitchen, with living and dining areas out to north facing balcony, two spacious bedrooms (main with ensuite & spectacular vista), second bathroom and separate laundry.
Features towering 4.5 metre ceilings, floor to ceiling feature windows, security car space, brilliant views, reverse cycle air conditioning an quality throughout.
Available for private & immediate sale.
Property History for 1402/118 Russell St, Melbourne, VIC 3000
- 04 Mar 2017Sold for $1,020,000
- 02 Feb 2017Listed for Sale $1,100,000.00
- 18 Mar 2006Sold for $600,000
Recent sales nearby
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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 64,326 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.
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