2403/318 Queen Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

2403/318 Queen Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Land area: 673m2
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Last updated 22 Dec 2025
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Property Details for 2403/318 Queen St, Melbourne

2403/318 Queen St, Melbourne is a 2 bedroom, 2 bathroom Unit. The property has a land size of 673m2. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
Unit
Land Size
673m2
Local Government
Melbourne
Lot/Plan
2403/PS637192

Last Listing description (June 2022)

2403/318 Queen Street, Melbourne
Paragon is a luxury boutique development designed by world-class architects Fender Katsalidis. Referencing Melbourne's abundant green spaces, a three storey high urban forest is a conservatory-like feature, set within the building. It offers a wealth of botanical beauty featuring restful and regenerative places to unwind or entertain unlike anything Melbourne has experienced before.

Paragon's impressive lobby offers a distinct sense of arrival, a private and indulgent conduit between Melbourne's busy streetscape and a private world of tranquillity within. Premium level security technology underpins entry to all areas including remote access underground facilities for car and bicycle parking and additional storage.

- Miele kitchen appliances
- Bedroom with built-in robe
- Heating and Cooling air conditioning
- Stylish fittings
- 25m Pool
- Gym & Spa
- Private Dining and Lounges.
- Private Garden Terrace

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Property History for 2403/318 Queen St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$713,300
16 May 2017
Listed for Rent
$600/w
29 Jun 2022
  • 22 Jun 2022
    Listed for Rent $600 / week
  • 20 May 2021
    Listed for Rent $400 / week
  • 16 May 2017
    Sold for $713,300
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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 64,229 properties. Over the last 5 years, Houses in Melbourne have seen a -25.47% decrease in median value, while Units have seen a -3.96% decrease. As at 30 November 2025:

  • The median value for Houses in Melbourne is $1,033,829 while the median value for Units is $440,645.
  • Houses have a median rent of $635 while Units have a median rent of $660.
There are currently 252 properties listed for sale, and 231 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2750 properties were sold in the past 12 months in Melbourne.

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© Copyright 2025. 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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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.

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