1605/318 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

1605/318 Russell Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 45m2
Land area: 937m2
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Last updated 5 Jan 2026
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Property Details for 1605/318 Russell St, Melbourne

1605/318 Russell St, Melbourne is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2014. The property has a land size of 937m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in September 2018.

Building Type
House
Year Built
2014
Floor Size
45m2
Land Size
937m2
Local Government
Melbourne
Lot/Plan
1605/PS720256

Last Listing description (September 2024)

Cutting edge design combines with dazzling spaces to create a new benchmark of CBD living in the exciting Abode318 development.

Just a stroll from an endless array of entertainment, boutique shopping and fine dining options as well as Melbourne Central, Queen Victoria Market.

Introduced by a luxurious foyer with security and concierge, come home to relax and be greeted by sweeping views across Carlton Gardens and sparkly city lights through floor-to-ceiling double glazed windows.

Enjoy a spacious open-plan living and dining plus Caesar stone kitchen with Miele appliances and glass splashbacks, vogue bathroom, euro laundry, ducted reverse-cycle heating and cooling and video intercom.

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Property History for 1605/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$440,000
26 Sep 2018
Listed for Rent
$530/w
26 Jun 2023
  • 25 Jun 2024
    Listed for Rent $630 / week
  • 05 Jun 2023
    Listed for Rent $530 / week
  • 24 May 2022
    Listed for Rent $425 / week
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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 64,277 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.
There are currently 245 properties listed for sale, and 339 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2753 properties were sold in the past 12 months in Melbourne.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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