2/390 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

2/390 Russell Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 91m2
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Last updated 18 May 2026
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Property Details for 2/390 Russell St, Melbourne

2/390 Russell St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 1887. The property has a floor size of 91m2.

Building Type
Unit
Year Built
1887
Floor Size
91m2
Local Government
Melbourne

Last Listing description (May 2021)

"To book an inspection for this property, please click on the Email Agent tab and we will respond instantly with available times. You MUST register to inspect."

A grand entrance with parquetry flooring and an opulent terrazzo marble staircase invite you to this magnificent first floor fully furnished apartment.


Extra-large north and west-facing windows allow for views over the trees and an abundance of light to fill this two-level, mezzanine loft-style apartment.

Consisting of two bedrooms, bathroom, large open plan living and modern kitchen with stainless steel appliances including dishwasher, two toilets, separate laundry and split system air conditioning and heating.

Featuring a blend of modern design and old-world charm, this apartment is located superbly, on the brink of Carlton and the CBD and walking distance to RMIT and Melbourne Universities, department stores, designer shops, transport, an abundance of restaurants, theatres, and China Town.

*COVID-19 Announcement*

If you're attending an inspection, we request that you only attend if you are fit and healthy to do so and not under any self-isolation conditions. We request that you maintain a healthy distance from our team and refrain from touching any items/fixtures and doors within the property. Additionally, you might be asked to wear a mask and use hand sanitiser as a request on behalf of the occupier and, if you would like to view something in particular, please request the agent's assistance. Thank you.

Property History for 2/390 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Listed for Rent
$450/w
28 May 2021
  • 16 Feb 2021
    Listed for Rent $450 / week
  • 04 Feb 2020
    Listed for Rent $640 / week
  • 24 Jan 2019
    Listed for Rent $600 / week
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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 64,327 properties. Over the last 5 years, Houses in Melbourne have seen a 5.76% increase in median value, while Units have seen a -4.47% decrease. As at 30 April 2026:

  • The median value for Houses in Melbourne is $1,457,082 while the median value for Units is $442,735.
  • Houses have a median rent of $700 while Units have a median rent of $675.
There are currently 306 properties listed for sale, and 180 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2638 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.