311/118 Russell StreetMelbourne VIC 3000
Property Details for 311/118 Russell St, Melbourne
311/118 Russell St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1950. The property has a land size of 1211m2 and floor size of 86m2.
Last Listing description (December 2020)
This contemporary one bedroom Nonda Katsalidis masterpiece will take your breath away upon first inspection. Superbly located in the heart of the CBD on the corner of Russell and Little Collins Streets, you will be spoilt for choice with a myriad of cafes, bars, shops and restaurants right at your doorstep. This well-designed property boasts soaring ceilings and is flooded with natural light, portraying a vast, open-plan feel not commonly afforded to inner-city dwellings.
The open plan living and dining area boasts floor to ceiling windows and a pedigree kitchen with granite finishes & appliances including dishwasher which are sure to excite the entertainer. Also comprising a big bedroom with robes, central bathroom with marble finishes and hidden European laundry. This supremely fitted apartment is ideal as a compact city base.
Additional features include a resident building manager, split-system heating and cooling, balcony access with views at the rear of the building looking into the eclectic and iconic Melbourne laneways.
Property History for 311/118 Russell St, Melbourne, VIC 3000
- 06 Nov 2020Listed for Rent $300 / week
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0About 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 64,265 properties. Over the last 5 years, Houses in Melbourne have seen a -6.38% decrease in median value, while Units have seen a -4.97% decrease. As at 31 March 2026:
- The median value for Houses in Melbourne is $1,346,319 while the median value for Units is $439,159.
- Houses have a median rent of $700 while Units have a median rent of $672.
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