2204/318 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

2204/318 Russell Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 59m2
Land area: 937m2
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Last updated 16 Mar 2026
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Property Details for 2204/318 Russell St, Melbourne

2204/318 Russell St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2014. The property has a land size of 937m2 and floor size of 59m2.

Building Type
Unit
Year Built
2014
Floor Size
59m2
Land Size
937m2
Local Government
Melbourne
Lot/Plan
2204/PS720256

Last Listing description (July 2023)

This furnished apartments in ABODE 318 offers 2 bedroom with open plan living through balcony offers residents natural lights with an open plan dining. Kitchen with good storage spaces and appliances include integrated dishwasher, gas cooktop and oven. Air Conditioning split-system heating and cooling in the living area. A separate laundry space and also a stunning bathroom. Bedrooms with wardrobe for storage convenient.

Apartment Features:
- Miele Gas cooktop and oven

- Fisher & Paykel drawer dishwasher
- Built in wardrobe
- Double glazed reflective windows
- Air Conditioning with heating and cooling function
- 24-hour concierge and building security
- NBN ready

Residents able to enjoy onsite facilities:
- Fully Equipped Gymnasium
- Indoor Heated Swimming Pool
- Sauna and Stream Room
- BBQ Terrace
- Meeting Room
- Private Dining Room & Lounge Area

Please note that photos are for marketing purposes only.

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Property History for 2204/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Listed for Rent
$650/w
18 Feb 2023
  • 30 Jun 2023
    Listed for Rent $650 / week
  • 17 Jan 2023
    Listed for Rent $650 / week
  • 13 Jul 2020
    Listed for Rent $460 / 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 64,246 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 247 properties listed for sale, and 169 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2775 properties were sold in the past 12 months in Melbourne.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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