302/340 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

302/340 Russell Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 4534m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 18 May 2026
Low

High
Save

Property Details for 302/340 Russell St, Melbourne

302/340 Russell St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 4534m2. While the property is not currently for sale or for rent, it was last sold in December 2014.

Building Type
Unit
Year Built
2004
Land Size
4534m2
Local Government
Melbourne
Lot/Plan
302D/PS501388

Last Listing description (December 2014)

ART DECO LOVERS
Located in the transformed historical Russell Street Police Headquarters with unique art deco features, this address is the ultimate in city living. This apartment offers a tranquil lifestyle with the city buzz making it attractive to both owner occupiers and investors alike. The apartment features open plan living and presents amazingly; the generous size of this area allows for a lounge and dining to be set up and is flooded with natural light. On the third floor with fantastic views overlooking the common gardens, this spacious one bedroom apartment with wall to wall built in robes and ensuite is unrivalled for quality and design and walking distance to the Queen Victoria Market, Melbourne CBD, popular Lygon Street and the University of Melbourne and RMIT University. Residents enjoy the use of resort style facilities including indoor heated swimming pool, sauna, spa, outdoor courtyard with BBQ facilities, fully equipped gym, 24hr concierge, security swipe card entry and one undercover secure car space. IN-ROOM AUCTION LOCATED AT: NAB Arena Concourse Level 1, 700 Bourke Street, Docklands (20m from Gate 3 Etihad Stadium) Thursday 11th December at 6:00pm Photo ID Required

Property History for 302/340 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$413,000
12 Dec 2014
Listed for Rent
$400/w
18 Jun 2014
  • 12 Dec 2014
    Sold for $413,000
  • 15 Nov 2014
    Listed for Sale 380 K +
  • 19 Mar 2014
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

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 64,324 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 304 properties listed for sale, and 183 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2668 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

Market Insights
Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.