1405/318 Russell StreetMelbourne VIC 3000
Property Details for 1405/318 Russell St, Melbourne
1405/318 Russell St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 937m2. While the property is not currently for sale or for rent, it was last sold in May 2019.
Last Listing description (July 2026)
Located in the vibrant heart of Melbourne's CBD, directly opposite the State Library and QV, this one-bedroom, one-bathroom apartment provides a comfortable and well-connected living space. Benefit from the convenience of being within walking distance to RMIT, the University of Melbourne, Chinatown, Carlton Gardens, and key transport links, including Melbourne Central Station and Swanston Street Trams.
The apartment is furnished and features:
- Secure entry with intercom system
- Modern kitchen featuring stainless-steel Miele appliances, including dishwasher
- Generous sized bedroom with built-in robe
- Central bathroom
- Internal laundry
- East-facing balcony
- Reverse cycle heating and cooling system
Residents will have access to amenities, including:
- Indoor heated pool
- Spa
- Equipped gym
- BBQ area
- Games room
- Resident lounge
** Photos are for advertising purposes only **
* TO AVOID DISAPPOINTMENT, PLEASE REGISTER TO INSPECT THIS PROPERTY *
By registering your details, you will be informed of any updates, changes or cancellations of your appointment. Please ensure you also have photo ID with you for the inspection. Register and apply early to secure this property.
Please ensure that you arrive at the commencement time of the Open For Inspection otherwise we cannot guarantee entry.
To apply for this property, please visit:
https://snug.com/apply/melcorprealestate
**The Renter must not use, permit, advertise, or offer the Premises, or any part of the Premises, for short stay, holiday, visitor, or temporary accommodation purposes (including but not limited to Airbnb, Stayz, Booking.com or similar platforms) without the express prior written consent of the Rental Provider**
Property History for 1405/318 Russell St, Melbourne, VIC 3000
- 23 Jun 2026Listed for Rent $650 / week
- 04 Mar 2025Listed for Rent $630 / week
- 04 Jun 2024Listed for Sale $415,000
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About Melbourne 3000
The size of Melbourne is approximately 2.7 square kilometres. There are 9 parks, covering nearly 2.5% of the 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 64,473 properties. Over the last 5 years, Houses in Melbourne have seen a -13.97% decrease in median value, while Units have seen a -2.46% decrease. As at 30 June 2026:
- The median value for Houses in Melbourne is $1,470,997 while the median value for Units is $440,978.
- Houses have a median rent of $710 while Units have a median rent of $680.
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