306/118 Russell StreetMelbourne VIC 3000
Property Details for 306/118 Russell St, Melbourne
306/118 Russell St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 1940. The property has a land size of 1211m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Last Listing description (July 2022)
Proudly Sold by Gina Donazzan
First built in 1948 the Russell Street Telephone Exchange and Post Office was converted in 1999 and designed by Melbournes own Nonda Katsalidis into the highly regarded Hero Apartments, bearing all the distinctive flair that he is so renowned for. This building is not only of historic significance but is also located in the heart of Melbournes Paris-End, with the finest array of bars, eateries, theatres and shopping at your doorstep.
Arranged over 2 levels, spanning approx. 92sqm, this loft, warehouse-style residence boasts soaring ceiling heights and towering windows overlooking Little Collins Street. The entire upstairs level is a sprawling master bedroom- larger than some CBD apartments itself- with a quiet reading nook and study area completing this private oasis and offering the ideal flexible space to work from home if desired.
Downstairs a second spacious bedroom offers both BIRs and under stair storage, an added advantage to this thoughtful city home. The open-plan kitchen features dishwasher, gas stove and stylish stone benchtops, plus an array of cupboard space. Separate laundry adjacent to kitchen is a delightful addition. Huge bathroom with bathtub and separate, fully-tiled shower completes the residence.
Fitted with split-system air conditioning and wall heaters to ensure year-round comfort, the apartment has also been upgraded to state-of-the-art video intercom providing privacy and security. With a high percentage of active owner-occupiers, Hero Apartments is dedicated to sustainability, offering bicycle storage, rooftop solar panels, a worm farm, charity bin, and swap area. Residents also benefit from a dedicated on-site Building Manager, secure mail boxes and two recently upgraded lifts.
Property History for 306/118 Russell St, Melbourne, VIC 3000
- 05 Jul 2022Sold for $725,000
- 24 Jun 2022Listed for Sale $690,000- $740,000
- 03 Jul 2006Sold for $294,000
Recent sales nearby
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0About Melbourne 3000
The size of Melbourne is approximately 2.7 square kilometres. There are 9 parks, covering nearly 2.5% of the 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 64,754 properties. Over the last 5 years, Houses in Melbourne have seen a -13.97% decrease in median value, while Units have seen a -2.46% decrease. As at 30 June 2026:
- The median value for Houses in Melbourne is $1,470,997 while the median value for Units is $440,978.
- Houses have a median rent of $710 while Units have a median rent of $680.
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