207/118 Russell StreetMelbourne VIC 3000
Property Details for 207/118 Russell St, Melbourne
207/118 Russell St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 1950. The property has a land size of 1211m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Last Listing description (April 2021)
Enjoy the serenity when you arrive home to this spacious 92m2 residence positioned at the Paris end of town. Perfect to move in now just awaiting your touch, your style. Would sparkle with some work whether its a light refresh or a total redesign the choice is yours and you will never regret this enviable location.
Features:
- Stunning loft, warehouse style residence
- Master with private sitting area and study
- Bathroom with shower and a bathtub
- Open plan kitchen with dishwasher, stove, oven, and stone benchtops
- Split system air conditioning ensures comfortable living all year round
- A Separate laundry off kitchen, a nice addition
- Resident Building manager
First built in 1948 the Russell Street Telephone Exchange and Post Office was converted in 1999 and designed by Nonda Katsalidis into the highly regarded Hero Apartments, that bear all the distinctive flair that he is so renowned for. This building is not only of historic significance but is also located in the heart of *Marvellous Melbourne Living*. It is all at your fingertips.
Property History for 207/118 Russell St, Melbourne, VIC 3000
- 05 Mar 2021Sold for $725,000
- 21 Jan 2021Listed for Sale $680,000 - $730,000
- 03 Feb 2000Sold for $306,000
Recent sales nearby
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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 64,325 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.
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