3307/318 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

3307/318 Russell Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 63m2
Land area: 937m2
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Last updated 29 Dec 2025
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Property Details for 3307/318 Russell St, Melbourne

3307/318 Russell St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 937m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in October 2024.

Building Type
Unit
Year Built
2014
Floor Size
63m2
Land Size
937m2
Local Government
Melbourne
Lot/Plan
3307/PS720256

Last Listing description (January 2025)

Abode318 is situated in the heart of Melbourne CBD, opposite the State Library and QV, within walking distance to RMIT University, University of Melbourne, Chinatown, Carlton Garden, and the city's major transport hubs including Melbourne Central Station and Swanston Street Trams. It is the perfect place for students and working professionals alike. This furnished apartment cleverly designed open plan & comprises: - Located on high floor - Level 33 - Floor-to-ceiling windows throughout offering spectacular city view - Well-equipped kitchen with Miele appliances including dishwasher - Caesar stone bench tops - Well furnished throughout - Double-glazed reflective windows - Reverse cycle heating and cooling - LED downlights - 24-hour concierge and Building Security - Foxtel & NBN internet connection ready Includes free use of onsite facilities including: - Fully Equipped Gymnasium - Indoor Heated Swimming Pool - BBQ Terrace - Meeting Room - Private Dining Room & Lounge Area *** Photos with furniture are for advertising only *** * TO AVOID DISAPPOINTMENT, PLEASE REGISTER TO INSPECT THIS PROPERTY * By registering your details, you will be informed of any updates, changes or cancellations of your appointment. Please ensure you also have photo ID with you for the inspection. Register and apply early to secure this property. To apply for this property, please visit: https://snug.com/apply/melcorprealestate

Property History for 3307/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$538,000
12 Oct 2024
Listed for Rent
$720/w
17 Jan 2023
  • 13 Jan 2025
    Listed for Rent $720 / week
  • 12 Oct 2024
    Sold for $538,000
  • 12 Sep 2024
    Listed for Sale $560,000
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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 64,250 properties. Over the last 5 years, Houses in Melbourne have seen a -25.47% decrease in median value, while Units have seen a -3.96% decrease. As at 30 November 2025:

  • The median value for Houses in Melbourne is $1,033,829 while the median value for Units is $440,645.
  • Houses have a median rent of $635 while Units have a median rent of $660.
There are currently 250 properties listed for sale, and 255 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2735 properties were sold in the past 12 months in Melbourne.

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