310/118 Russell StreetMelbourne VIC 3000
Property Details for 310/118 Russell St, Melbourne
310/118 Russell St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 1211m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in August 2008.
Last Listing description (May 2026)
Positioned within one of Melbournes most iconic Paris-end buildings, the renowned Hero Apartments, this exceptional residence delivers a rare fusion of history, design, and contemporary inner-city living. Originally a modernist telephone exchange and post office, the building has been masterfully transformed by acclaimed architect Nonda Katsalidis into a landmark address that continues to shape Melbournes architectural landscape.
The generous bedroom offers a peaceful retreat with built-in robes, the open-plan living and dining area is inviting and expansive. By day, enjoy the natural light pouring through floor-to-ceiling windows; by night, take in the ever-changing cityscape.
The renovated kitchen is both stylish and practical, featuring stone benchtops, gas cooking, a dishwasher, and quality appliances.
Additional features include split system heating and cooling, secure video intercom entry, and access to two recently refurbished lifts, all supported by a full-time on-site building manager ensuring the building is impeccably maintained.
With a strong commitment to sustainability, residents also enjoy access to bicycle storage, rooftop solar panels, a worm farm, a charity bin, and a community swap area.
Surrounded by Melbournes finest dining, fashion, and cultural attractionswith celebrated venues such as Embla, QT Melbourne, and Louis Vuitton just moments awaythis address offers an unparalleled lifestyle in one of the citys most sought-after precincts.
Property History for 310/118 Russell St, Melbourne, VIC 3000
- 10 Apr 2026Listed for Rent $530 / week
- 25 Sep 2024Listed for Rent $500 / week
- 29 Jan 2021Listed for Rent $285 / week
Recent sales nearby
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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 64,324 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.
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