1403/118 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1403/118 Russell Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 99m2
Land area: 1211m2
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Last updated 20 Apr 2026
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Property Details for 1403/118 Russell St, Melbourne

1403/118 Russell St, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 1211m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in February 2005.

Building Type
Unit
Year Built
2002
Floor Size
99m2
Land Size
1211m2
Local Government
Melbourne
Lot/Plan
1403/PS428294

Last Listing description (August 2020)

**Due to current government restrictions, an inspection for this property won't be available until further notice. Watch the video tour to gauge your interest in the property. Please register your details to be notified when an inspection time becomes available.**
***Fully Furnished***

This contemporary, fully furnished Nonda Katsalidis masterpiece will take your breath away upon first inspection. Superbly located in the heart of the CBD on the corner of Russell and Little Collins Streets, you will be spoilt for choice with a myriad of cafes, bars, shops and restaurants right at your doorstep.

Perched on the 14th floor overlooking the entire South-Eastern aspect of Melbourne, this well-designed property boasts soaring ceilings and is flooded with natural light, portraying a vast, open-plan feel not commonly afforded to inner-city dwellings.

A full width terrace complete with greenery and outdoor furniture, leads out from a spacious open-plan living and dining area compete with contemporary furnishings and gorgeous hardwood parquetry flooring. A pedigree kitchen with granite and marble finishes and imported appliances are sure to excite the entertainer, plus the convenience of a separate modern bathroom for guests.

Also comprising two big and bold bedrooms -master with ensuite and direct access to balcony, this supremely fitted apartment is ideal as a compact city base. Additional features include concealed laundry with washing machine, secure lobby, intercom,a resident building manager, reverse-cycle heating and cooling, double-glazing, one secure basement car space and modern furnishings allowing you to literally just bring your bags!

Property History for 1403/118 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$517,500
02 Feb 2005
Listed for Rent
$950/w
12 Aug 2020
  • 09 Jun 2020
    Listed for Rent $950 / week
  • 28 Mar 2019
    Listed for Rent - Price not available
  • 10 Jan 2019
    Listed for Rent - Price not available
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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 -6.38% decrease in median value, while Units have seen a -4.97% decrease. As at 31 March 2026:

  • The median value for Houses in Melbourne is $1,346,319 while the median value for Units is $439,159.
  • Houses have a median rent of $700 while Units have a median rent of $672.
There are currently 278 properties listed for sale, and 164 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2691 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.