2701/318 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

2701/318 Russell Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 73m2
Land area: 937m2
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Last updated 11 May 2026
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Property Details for 2701/318 Russell St, Melbourne

2701/318 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 73m2. While the property is not currently for sale or for rent, it was last sold in November 2014.

Building Type
Unit
Year Built
2014
Floor Size
73m2
Land Size
937m2
Local Government
Melbourne
Lot/Plan
2701/PS720256

Last Listing description (November 2014)

Sleek, Stylish, and Stunning City Vistas
Positioned on the 27th floor of the stylish new Abode complex, and enjoying
brilliant city views, this memorable 2 bedroom apartment is the definition of

chic high rise living in the heart of the CBD.
Boasting a sophisticated combination of luxurious and practical living, this
retreat enjoys a generous living zone, as well as a kitchen with timber veneer
cabinetry, soft-closing drawers, and Miele appliances. The master bedroom
showcases an ensuite, while the central bathroom has convenient laundry
facilities. There is also a private undercover balcony.
Bright full double glazed windows in all rooms
Reconstituted stone benchtops in kitchen and bathrooms
Five star heating and cooling, video entry, building manager, and 24-
hour concierge/security
9th floor luxury facilities include an indoor pool, sauna, steam room,
gymnasium, games room, recreation and relaxation areas, and an
outdoor terrace
Near RMIT University, Carlton Gardens, QV, Lygon Street, and city
attractions
Additional feature/s - Abode.

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Property History for 2701/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$685,000
07 Nov 2014
  • 07 Nov 2014
    Sold for $685,000
  • 21 Oct 2014
    Listed for Sale $710,000
  • 06 Jul 2012
    Sold for $651,000
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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 64,123 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 303 properties listed for sale, and 172 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2649 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.

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.

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