2109/318 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

2109/318 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 2109/318 Russell St, Melbourne

2109/318 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.

Building Type
Unit
Year Built
2014
Floor Size
74m2
Land Size
937m2
Local Government
Melbourne
Lot/Plan
2109/PS720256

Last Listing description (March 2026)

Positioned in one of Melbournes most iconic residential towers, this immaculate 2-bedroom, 2-bathroom apartment at Abode 318 delivers the perfect blend of style, sophistication and unbeatable convenience. Whether youre a homebuyer seeking vibrant city living or an investor chasing strong rental demand, this residence offers the ultimate CBD lifestyle.

Step inside and experience a light-filled floorplan designed for effortless modern living. The open-plan living and dining area flows seamlessly to floor to ceiling windows, capturing sweeping city views and bathing the interiors in natural light. Kitchen equipped with sleek, stone-bench kitchen comes with Gas cooktop, Integrated dishwasher and Ample storage for everyday practicality

Both bedrooms are generously sized and feature built-in wardrobes, with the master boasting its own private ensuite for added convenience. The second bedroom offers great flexibilityideal for guests or a home office.

Residents enjoy exclusive access to a full suite of premium facilities, including:
Indoor heated swimming pool
Fully equipped gym
Sauna and steam room
Resident lounge and meeting spaces
24-hour concierge

Situated right in the heart of the CBD, you're only moments from Melbournes best:
RMIT & University of Melbourne
State Library & QV precinct
Melbourne Central shopping & transport
Cafs, restaurants, and cultural landmarks

Please note that photos are virtually staged for marketing purpose only.

Schedule a private inspection today by contacting Julie at 0412 378 288 to secure this property before it is too late!

Property History for 2109/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Listed for Rent
$500/w
16 May 2021
  • 23 Mar 2026
    Listed for Sale 705,000 - 750,000
  • 11 Jul 2023
    Listed for Rent $500 / week
  • 13 Mar 2020
    Listed for Rent $650 / 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 64,328 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 185 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2655 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.