2003/318 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

2003/318 Russell Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 66m2
Land area: 937m2
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Property Details for 2003/318 Russell St, Melbourne

2003/318 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 66m2. While the property is not currently for sale or for rent, it was last sold in December 2012.

Building Type
Unit
Year Built
2014
Floor Size
66m2
Land Size
937m2
Local Government
Melbourne
Lot/Plan
2003/PS720256

Last Listing description (December 2025)

UNFURNISHED two bedroom at the highly anticipated Abode complex. In a convenient location with close proximity to QV, Melbourne Central, public transport, Chinatown plus so much more! Positioned on the 20th floor and with quality fittings throughout, open plan living/dining area with air-conditioning and heating, further leading to private balcony with a great views towards Carlton Gardens. Modern kitchen with stone bench tops, plenty of storage space, Miele appliances including electric oven, gas cook top and dish washer. Excellent sized bedroom with mirrored built in wardrobes, master with ensuite. Sparkling bathroom with mirror cabinet over vanity and concealed laundry facilities. Features include one secure under cover car space, security key entry with intercom, building is NBN ready and residents enjoy use of fantastic communal facilities including lap pool, well equipped gymnasium, spa, sauna, games room and sky lounge.

*Please note this building has an embedded network for one or more utility supplies. For further information please speak to your Property Consultant

Property History for 2003/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$700,500
12 Dec 2012
Listed for Rent
$800/w
30 Aug 2023
  • 17 Nov 2025
    Listed for Rent $800 / week
  • 29 Jul 2024
    Listed for Rent $740 / week
  • 15 Jun 2023
    Listed for Rent $800 / 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 64,238 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 251 properties listed for sale, and 177 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2765 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.