16/392 Russell StreetMelbourne VIC 3000
Property Details for 16/392 Russell St, Melbourne
16/392 Russell St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 1887. The property has a land size of 661m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in October 2017.
Last Listing description (May 2018)
*Please Note: This UNFURNISHED property is available for lease until 24/09/2018 only* Beautiful Heritage listed building located on the corner of Victoria & Russell Streets, metres to renowned Lygon Street precinct, close to RMIT & Melbourne University, shops cafes and picturesque Carlton Gardens! This well maintained 2 bedroom inner city pad comprises a very generous open plan living and dining area with adjoining fully equipped kitchen with stone benchtops, stainless steel appliances, gas cooking and dishwasher. Two fully carpeted bedrooms with built-in robes and are serviced by a large fully tiles central bathroom and a separate European style laundry! Further features include split system heating and cooling.
Property History for 16/392 Russell St, Melbourne, VIC 3000
- 09 Apr 2018Listed for Rent - Price not available
- 24 Oct 2017Sold for $488,000
- 26 Sep 2017Listed for Sale $440,000 - $480,000
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 64,323 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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