1902/318 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1902/318 Russell Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 74m2
Land area: 937m2
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Property Details for 1902/318 Russell St, Melbourne

1902/318 Russell St, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 937m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in December 2023.

Building Type
Unit
Year Built
2014
Floor Size
74m2
Land Size
937m2
Local Government
Melbourne
Lot/Plan
1902/PS720256

Last Listing description (June 2024)

From the astounding CBD viewsto the west that you will never get tired of to the incredible attention to detail and captivating contemporary class, this luxurious 2 bedroom, 2 bathroom 1 car park residence is an elite 'Abode' offering that is simply magical.

Open plan lounge and dining flows out to the undercover balcony which shows off with exceptional views of towering city buildings. The kitchen is state of the art thanks to high end stone benchtops, a breakfast bar perfect for quick dinners, and stainless steel Miele appliances including a dishwasher. The kitchen also looks out to the main living zone.


The main bedroom features a mirrored built-in robe plus a stylish private ensuite, meanwhile the 2ndbedroom also with a BIR has easy access to a well-appointed bathroom and separated laundry facilities. Otherproperty extrason offerincludeducted heat/cool,double glazed windows, LED downlights, Foxtel and NBN ready,andsecure intercom.

You also have access to a24-hr concierge, fully-equipped gym, indoor heated swimming pool, sauna, stream room, BBQ terrace, meeting room, private dining room and lounge area.

Love thisamazinglocation close to RMIT University,QV Melbourneshops and restaurants, Melbourne Central with train station, iconic Lygon Street restaurants, State Library of Victoria,Carlton Gardens,Melbourne's famedtheatre district, free trams, and Parliament Station.

Property History for 1902/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$785,000
22 Dec 2023
Listed for Rent
$720/w
25 May 2020
  • 22 Dec 2023
    Sold for $785,000
  • 01 Nov 2023
    Listed for Sale Not Disclosed
  • 19 Oct 2021
    Sold for $780,000
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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 64,268 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 169 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2687 properties were sold in the past 12 months in Melbourne.

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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.