2302/318 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

2302/318 Russell Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 937m2
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Property Details for 2302/318 Russell St, Melbourne

2302/318 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. While the property is not currently for sale or for rent, it was last sold in March 2012.

Building Type
Unit
Year Built
2014
Land Size
937m2
Local Government
Melbourne
Lot/Plan
2302/PS720256

Last Listing description (March 2021)

Abode 318 is located in the heart of Melbourne CBD, opposite the State Library and QV, within walking distance to RMIT University, University of Melbourne, Chinatown, Carlton Garden, and city's major transport hubs including Melbourne Central Station and Swanston Street Trams.

With views reaching out from the fringe of the CBD, way out into the distant mountains, it's easy to forget this serene, spacious apartment sits right on the top of busy Russell Street. Comfort, style and space abound, this 2 bedrooms 2 bathroom apartment cleverly designed open plan, comprises: Floor to ceiling windows throughout offering spectacular garden view, well equipped kitchen with Miele appliances including dishwasher, Caesar stone bench tops, double glazed reflective windows, reverse cycle heating and cooling, LED down lights, 24-hour concierge and Building Security and is both Foxtel & NBN ready.


Featuring world-class, onsite amenities including Fully Equipped Gymnasium; Indoor Heated Swimming Pool; Sauna and Stream Room; BBQ Terrace; Meeting Room; Private Dining Room & Lounge Area.

Just a five-minute walk from the world-renowned restaurants of cosmopolitan Lygon Street and the City Center, this affordable gem also with a secure carpark.

Available for lease from 9th February 2021.

**Private Inspection Permitted**
To book an inspection, please submit your details on this ad so that you are directed to our automatic online booking system. We are now permitted to show you through the property for a one on one, private inspection at a time convenient to you.

Property History for 2302/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$803,100
29 Mar 2012
Listed for Rent
$550/w
26 Mar 2021
  • 28 Jan 2021
    Listed for Rent $550 / week
  • 29 Mar 2012
    Sold for $803,100
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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 64,237 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 250 properties listed for sale, and 158 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2752 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.