208/118 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
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208/118 Russell Street
Melbourne VIC 3000

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 110m2
Land area: 1211m2
Estimated Value & Rent
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Estimated Rent
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Last updated 26 May 2025
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$600k
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Property Details for 208/118 Russell St, Melbourne

208/118 Russell St, Melbourne is a 3 bedroom, 1 bathroom Unit and was built in 1950. The property has a land size of 1211m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in July 2010.

Building Type
Unit
Year Built
1950
Floor Size
110m2
Land Size
1211m2
Local Government
Melbourne
Lot/Plan
208/PS428294

Last Listing description (May 2024)

Live in a masterpiece from Melbourne's iconic designer Nonda Katsalidis at the Hero Apartments. Perfectly positioned near The Paris End of Collins Street, adjacent to the live-show entertainment precinct, Chinatown, and high-end shopping at your doorstep.

Ideal for the astute investor with an eye for location and prime city living. The spacious open plan entertaining/living area is enhanced by a quality kitchen, boasting granite bench tops and a stainless steel sink. The stairs lead to an additional private mezzanine level creating the ideal split between living and entertaining areas or home and office. The bathroom is tiled in clean white, consisting of a bath/shower and toilet. A separate laundry with its sink and built in robes makes organizing and storage a breeze.

As is the case with any bustling city, Melbourne's CBD is so full of life, but what makes our metropolis so special is the sheer number of spectacular eateries on offer, rich cultural vibrancy and ability to provide something for everyone. Discover more via our Place Guides today.

Booking an inspection is easy! Simply click on "Request a Time" to register your details for an inspection time that suits you. Alternatively, "Get in Touch" with our Liveability Agents to enquire today, we look forward to meeting you soon!

By registering, you will be instantly informed of any updates, changes, or cancellations to your appointment.

Applications are processed after inspections have been completed. A link to apply will be provided at the inspection.

Property History for 208/118 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$379,000
01 Jul 2010
Listed for Rent
$950/w
19 May 2024
  • 12 Jan 2024
    Listed for Rent $950 / week
  • 01 Mar 2023
    Listed for Rent $1,000 / week
  • 01 Jul 2010
    Sold for $379,000
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Local Area Liveability Score

9.8

This Liveability Score is a rating "out of 10" and a guide to how well connected properties within a local area are to facilities such as public transport, healthcare services, shopping outlets, schools and parkland. The scores apply to the local area (or "mesh block") in which a property is located. The scores are largely comprised of 2 main elements:

  1. Walking time to a local facility
  2. Number of facilities within a 20-minute walk

The overall Liveability Score is made up of smaller sub-scores, as described below.

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Walkability
10/10
Schools
10/10
Parklands
10/10
Health
10/10
Shopping
10/10
Public Transport
10/10

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 2011 was 28,370 people. By 2016 the population was 47,293 showing a population growth of 66.7% 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 2011, 34.7% of the homes in Melbourne were owner-occupied compared with 29% in 2016.

Melbourne has 61,618 properties. Over the last 5 years, Houses in Melbourne have seen a -25.09% decrease in median value, while Units have seen a -5.81% decrease. As at 30 April 2025:

  • The median value for Houses in Melbourne is $1,129,087 while the median value for Units is $439,904.
  • Houses have a median rent of $620 while Units have a median rent of $650.
There are currently 308 properties listed for sale, and 230 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2341 properties were sold in the past 12 months in Melbourne.

What's around 208/118 Russell St, Melbourne

208/118 Russell St, Melbourne is in the school catchment zone for Carlton Gardens Primary School.

Nearby Schools
Comparable Properties
Ozford College
0.32km
Melbourne 3000
SecondaryNon-Government10 - 12Combined70 Enrolled
Holmes Secondary College
0.46km
Melbourne 3000
SecondaryNon-GovernmentCombined Enrolled
Eltham College - Lonsdale Street Campus
0.71km
Address not found
CombinedNon-GovernmentCombined Enrolled
Academy of Mary Immaculate
1.19km
Fitzroy 3065
SecondaryNon-Government7 - 12Combined622 Enrolled
David Scott School
1.21km
Fitzroy 3065
SpecialNon-Government10 - 12Combined48 Enrolled
Eltham College - King Street Campus
1.22km
Address not found
CombinedNon-GovernmentCombined Enrolled
Brotherhood of St Laurence|David Scott School
1.23km
95-97 Brunswick Street FITZROY VIC 3065 Fitzroy 3065
SpecialNon-GovernmentCombined Enrolled
Ozford College - Ozford College Campus
1.24km
Address not found
SecondaryNon-GovernmentCombined Enrolled
Carlton Gardens Primary School
1.27km
Carlton 3053
IN CATCHMENTPrimaryGovernmentP - 6Combined359 Enrolled
Hester Hornbrook Academy - City Campus
1.28km
Melbourne 3000
SpecialNon-GovernmentCombined Enrolled

Suburb Insights for Melbourne 3000

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Neighbourhood Insights
Age

Population 47,293

0-9

 

3%

10-19

 

9%

20-29

 

48%

30-39

 

20%

40-49

 

7%

50-59

 

5%

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4%

70-79

 

2%

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