1716/222 Russell Street, Melbourne, VIC 3000 sold on 05 December 2025 | OnTheHouse
SOLD
Sold on 05 Dec 2025 for $209,000

1716/222 Russell Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 34m2
Land area: 3115m2
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Property Details for 1716/222 Russell St, Melbourne

1716/222 Russell St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 3115m2 and floor size of 34m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
34m2
Land Size
3115m2
Local Government
Melbourne
Lot/Plan
1702/PS337555

Last Listing description (December 2025)

Situated on the 17th floor and with a quiet North aspect is this impressive Studio apartment.

Outgoings:
Council Rates: $271.50 per quarter approx.

Water Rates: $184.27 per quarter approx.
Owners Corporation Fees: $863.75 per quarter approx.

The open plan living/bedroom area has an adjoining kitchenette plus excellent natural light. BIRs and sparkling bathroom with bathtub are also on offer.

The building has an impressive pool and gym area, is in a prime Melbourne location in the heart of the China Town and theatre precincts of Melbourne, and also has a quality restaurant and bar attached.

With Mantra offering an impressive rental of $358 per week from November 2025 until October 2026 with fixed rental increase every year until 2029. This top quality property would be a welcome addition to your investment portfolio or be a future city pad.

Inspection can be arranged by private appointment. Please contact either Cici on 0452 631 220 or Wing 0434 562 662 for an inspection ASAP.

Property History for 1716/222 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$209,000
05 Dec 2025
  • 05 Dec 2025
    Sold for $209,000
  • 22 Jul 2025
    Listed for Sale 6% Net Return @ $220,000
  • 08 Aug 2014
    Sold for $205,000
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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 64,264 properties. Over the last 5 years, Houses in Melbourne have seen a -6.38% decrease in median value, while Units have seen a -4.97% decrease. As at 31 March 2026:

  • The median value for Houses in Melbourne is $1,346,319 while the median value for Units is $439,159.
  • Houses have a median rent of $700 while Units have a median rent of $672.
There are currently 278 properties listed for sale, and 164 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2691 properties were sold in the past 12 months in Melbourne.

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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.