2908/318 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

2908/318 Russell Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 74m2
Land area: 937m2
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Property Details for 2908/318 Russell St, Melbourne

2908/318 Russell St, Melbourne is a 2 bedroom, 2 bathroom Unit and was built in 2014. The property has a land size of 937m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
Unit
Year Built
2014
Floor Size
74m2
Land Size
937m2
Local Government
Melbourne
Lot/Plan
2908/PS720256

Last Listing description (January 2022)

Feel ease and comfort owning a place right on the edge of the vibrant Melbourne CBD. Positioned on the 29th floor, this spacious two-bedroom apartment defines style and sophistication in the heart of it all.

The large master bedroom has a built-in robe and deluxeensuite, meanwhile the 2nd bedroom also with a built-in robe is just steps away from the polished central bathroom. Further enjoy a laundry, ducted heating and cooling, double glazed windows, LED downlights, Foxtel, NBN ready, and secure intercom entry.

A serene balcony offers breathtaking views of the CBD and is a fabulous space to enjoy quiet alfresco meals and weekend drinks before a night on the town. The extensive lounge and diningisfitted with premium carpet, this space adjoined by theCaesar stonekitchen delivering a breakfast bar, sleek cabinetry, and stainless-steel Miele appliances.

Ownership provides: storage cage on a seperate title, 24-hour concierge and building security,fully-equippedgymnasium, indoor heated swimming pool, sauna, stream room, BBQ terrace, meeting room, private dining room, and lounge area. Moments to QV shopping and restaurants, RMIT University, Carlton Gardens, Royal Exhibition Building, State Library of Victoria, Melbourne Central shops and trains, iconicLygonStreet, and trams.

Property History for 2908/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$637,999
21 Jan 2022
Listed for Rent
$682/w
17 Dec 2019
  • 21 Jan 2022
    Sold for $637,999
  • 22 Dec 2021
    Listed for Sale Under Offer
  • 28 Nov 2019
    Listed for Rent $682 / 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 64,264 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 300 properties listed for sale, and 168 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2665 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.