1806/222 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1806/222 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 1806/222 Russell St, Melbourne

1806/222 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 April 2002.

Building Type
Unit
Year Built
2000
Floor Size
34m2
Land Size
3115m2
Local Government
Melbourne
Lot/Plan
1809/PS337555

Last Listing description (January 2025)

Located on the 18th floor, this extra-large one-bedroom apartment of some 65 sqm of living space along with an 8 sqm balcony offers long views across the CBD. The generously sized open-plan living/dining area seamlessly connects to a fully equipped kitchen, bathing the space in natural light. The king-sized bedroom features built-in robes and an ensuite with a sparkling shower over a bath, complemented by a Euro laundry. The property also benefits from having a secure carpark on title

Enjoy the building's impressive amenities, including a pool and gym, all in a prime Melbourne location at the heart of China Town and the theatre precincts. A quality restaurant and bar attached make this property an appealing investment or future home. Currently leased to Mantra at a notable $650 per week until October 2024, this high-quality investment property could be a valuable addition to your portfolio.


Under the current lease with Mantra, the new owner has the option to either extend the lease for another year or terminate it, allowing owner occupancy of the apartment from November 1, 2024.

Inspection is by private appointment.

Although every care has been taken in the preparation of the above information, we stress particulars herein are for information only, and do not constitute representation by the Owner or the Agent.

Property History for 1806/222 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$323,900
23 Apr 2002
  • 01 May 2024
    Listed for Sale $449,000
  • 23 Apr 2002
    Sold for $323,900
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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 64,246 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 247 properties listed for sale, and 169 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2775 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.