1806/318 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1806/318 Russell Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 48m2
Land area: 937m2
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Property Details for 1806/318 Russell St, Melbourne

1806/318 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 48m2. While the property is not currently for sale or for rent, it was last sold in June 2019.

Building Type
Unit
Year Built
2014
Floor Size
48m2
Land Size
937m2
Local Government
Melbourne
Lot/Plan
1806/PS720256

Last Listing description (October 2022)

Abode318 is located in the heart of Melbourne CBD, opposite the State Library and QV, within walking distance to RMIT University, University of Melbourne, Chinatown, Carlton Garden, and city's major transport hubs including Melbourne Central Station and Swanston Street Trams. It is the perfect place for students or working professionals alike.

This 1 bedroom 1 bathroom apartment cleverly designed open plan & comprises:
Floor to ceiling windows throughout offering spectacular city view

Well equipped kitchen with Miele appliances and dishwasher
Fridge, washer/dryer and oven provided
High quality furniture provided
Caesar stone bench tops
Private Balcony
Built in robes
Double glazed reflective windows
Reverse cycle heating and cooling
LED down lights
24 hour concierge and Building Security service provided
Foxtel & NBN ready

INCLUDES FREE USE of onsite facilities:
Fully Equipped Gymnasium
Indoor Heated Swimming Pool
Sauna and Steam Room
BBQ Terrace
Meeting Room
Private Dining Room & Lounge Area

* TO AVOID DISAPPOINTMENT, PLEASE REGISTER TO INSPECT THIS PROPERTY *

Applications are to be submitted via '2Apply'. Please click "get in touch" or "email agent" to receive an application link.

Property History for 1806/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$448,000
03 Jun 2019
Listed for Rent
$550/w
26 Oct 2022
  • 24 Oct 2022
    Listed for Rent $550 / week
  • 08 Nov 2019
    Listed for Rent $542 / week
  • 03 Jun 2019
    Sold for $448,000
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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 64,269 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 273 properties listed for sale, and 170 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2687 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.