1610/318 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1610/318 Russell Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 59m2
Land area: 937m2
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Property Details for 1610/318 Russell St, Melbourne

1610/318 Russell St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2014. The property has a land size of 937m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in December 2018.

Building Type
Unit
Year Built
2014
Floor Size
59m2
Land Size
937m2
Local Government
Melbourne
Lot/Plan
1609/PS720256

Last Listing description (December 2018)

Showcasing remarkable city views to the west which is an impressive sight to behold especially at night, this fantastic one bedroom apartment in the acclaimed Abode residential complex is a prime time CBD offering only for serious buyers.
This generous apartment has both owner-occupiers and investors in mind. Highlights include open and relaxed lounge and dining, sensational undercover balcony with the dazzling city views, exquisite stone kitchen with a breakfast bar and stainless steel Miele appliances, bedroom with CBD views and a walk-in robe, and an elegant bathroom.
Other property extras on offer are a European laundry, ducted heat/cool, double glazed windows, LED downlights, Foxtel and NBN ready, and secure intercom. You also have access to a 24-hr concierge, fully-equipped gym, indoor heated swimming pool, sauna, stream room, BBQ terrace, meeting room, private dining room and lounge area.

Love this brilliant location close to acclaimed RMIT University, QV Melbourne shops and restaurants, Melbourne Central with train station, iconic Lygon Street restaurants, State Library of Victoria, Carlton Gardens, Melbourne's famed theatre district, free trams, and Parliament Station.

Property History for 1610/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$500,000
05 Dec 2018
Listed for Rent
$531/w
05 Jul 2017
  • 05 Dec 2018
    Sold for $500,000
  • 15 Oct 2018
    Listed for Sale Private Sale
  • 26 Jun 2017
    Listed for Rent $531 / 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 64,326 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.
There are currently 305 properties listed for sale, and 185 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2655 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.