1508/318 Russell StreetMelbourne VIC 3000
Property Details for 1508/318 Russell St, Melbourne
1508/318 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 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.
Last Listing description (January 2026)
Enjoy the convenience of inner-city living in this spacious one-bedroom, one-bathroom furnished apartment, superbly located in the heart of Melbourne CBD. Positioned opposite the State Library and QV, and within walking distance to RMIT University, the University of Melbourne, Chinatown, Carlton Gardens, and major transport hubs including Melbourne Central Station and Swanston Street trams, this residence is ideal for students or working professionals alike.
The apartment features a cleverly designed open-plan layout with floor-to-ceiling windows capturing a delightful garden view.
The apartment is furnished and includes:
- Secure building entry and on-site security
- Modern open plan living and dining area
- Floor-to-ceiling, double-glazed reflective windows
- Well-equipped kitchen with Miele appliances, including dishwasher
- Caesarstone benchtops
- Spacious bedroom with built-in storage
- Central bathroom
- Reverse cycle heating and cooling
- LED downlights
- Foxtel and NBN ready
Residents will enjoy access to premium facilities (when available), including:
- Fully equipped gymnasium
- Indoor heated swimming pool
- Sauna and steam room
- BBQ terrace
- Meeting room
- Private dining room and resident lounge
** Photos are for advertising purposes only **
* TO AVOID DISAPPOINTMENT, PLEASE REGISTER TO INSPECT THIS PROPERTY *
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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
Property History for 1508/318 Russell St, Melbourne, VIC 3000
- 26 Jan 2026Listed for Rent $650 / week
- 26 Aug 2025Sold for $408,000
- 24 Jul 2025Listed for Sale $408,000 - $428,000
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 64,279 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:
- The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
- Houses have a median rent of $640 while Units have a median rent of $670.
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