3201/318 Queen Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
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3201/318 Queen Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 5 Jan 2026
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Property Details for 3201/318 Queen St, Melbourne

3201/318 Queen St, Melbourne is a 1 bedroom, 1 bathroom House.

Building Type
House
Local Government
Melbourne
Lot/Plan
3201/PS637192

Last Listing description (September 2023)

Paragon - A Brand New Spot of Luxury in the CBD

PLEASE NOTE: Inspection times are subject to change at any time and if you do not register you will not be notified of any updates on Inspection Times or Property Availability or cancellations.

Enjoy this luxury apartment located on the corner of Queen and Latrobe Street, one of Melbourne's most exciting and innovative buildings.
Breathtaking views, superbly located only meters to trams and a short walk to Flinders St station.

Paragon's resident facilities include:
- Fully equipped Gym
- Indoor pool
- Sauna
- Theatre
- Dining areas
- Library

Apartment features:
- 1 bedroom with built- in mirrored robes
- Kitchen with Bosch appliances including a dishwasher
- Fully air-conditioned
- One beautifully appointed bathroom
- Dedicated Laundry space
- Secure video intercom entry
CAR PARKING IS NOT INCLUDED

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Property History for 3201/318 Queen St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
  • 31 Aug 2023
    Listed for Rent $550 pw
  • 18 Jul 2022
    Listed for Rent $490 pw
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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 64,276 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:

  • The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
  • Houses have a median rent of $640 while Units have a median rent of $670.
There are currently 248 properties listed for sale, and 339 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2753 properties were sold in the past 12 months in Melbourne.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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