1701/318 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1701/318 Russell Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 68m2
Land area: 937m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 23 Mar 2026
Low

High
Save

Property Details for 1701/318 Russell St, Melbourne

1701/318 Russell St, Melbourne is a 2 bedroom, 2 bathroom Unit and was built in 2014. The property has a land size of 937m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Year Built
2014
Floor Size
68m2
Land Size
937m2
Local Government
Melbourne
Lot/Plan
1701/PS720256

Last Listing description (October 2022)

Unobstructed, never to be built out CBD views
Stunning lifestyle apartment in the Abode development
Smart stone kitchen with quality Miele appliances

Two-bedroom/two bathroom layout including an ensuite master
Heating/cooling throughout, laundry facilities and video intercom
On-site facilities including indoor pool, gymnasium and meeting areas
Steps to restaurants, transport and RMIT

Enjoy a birds eye view of Melbourne's beating heart thanks to this executive lifestyle apartment within the Abode development. A statement of striking design that lavishes its residents with an array of on-site facilities, Abode also boasts a prime position just steps to the very best amenities.

Boasting pale oak finishes in the flooring and cabinetry, the sleek abode has a cool coastal aesthetic that contrasts delightfully with its moody urban surrounds. Featuring a smart stone kitchen with Miele appliances (semi-integrated dishwasher), the layout includes an open plan living/dining zone which extends to breathtaking views across the State Library to Melbourne Central's shot tower.

A sparkling ensuite for the master bedroom is a sought-after inclusion - both bedrooms benefit from the open views plus fitted wardrobing, whilst a laundry and second bathroom are also offered. With heating/cooling throughout and secure video intercom entry, the sophisticated setting enjoys access to an array of meeting and entertaining areas, along with an indoor pool, steam room, sauna, games room, gymnasium and stunning sky lounge just to name a few!

Steps to restaurants, nightlife and transport, this coveted location is also a walk to RMIT, the Queen Vic Market and Carlton Gardens.

Property History for 1701/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$645,000
13 Aug 2022
Listed for Rent
06 Jul 2021
  • 13 Aug 2022
    Sold for $645,000
  • 14 Jul 2022
    Listed for Sale $620,000 - $650,000
  • 04 May 2021
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

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 64,236 properties. Over the last 5 years, Houses in Melbourne have seen a 33.17% increase in median value, while Units have seen a -4.37% decrease. As at 28 February 2026:

  • The median value for Houses in Melbourne is $1,808,781 while the median value for Units is $436,528.
  • Houses have a median rent of $650 while Units have a median rent of $675.
There are currently 252 properties listed for sale, and 159 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2747 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

Market Insights
Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.