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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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 (February 2026)

Enjoy the comfort of this inviting two-bedroom, one-bathroom apartment, thoughtfully designed with floor-to-ceiling windows that capture stunning views of the Melbourne skyline. Perfectly positioned in the heart of the CBD at Abode318, it offers unbeatable convenience-just steps from the State Library, QV, Melbourne Central Station, Swanston Street trams, and within easy walking distance to RMIT University, the University of Melbourne, Chinatown, and Carlton Gardens. Ideal for both students and working professionals seeking a vibrant city lifestyle.

This furnished apartment features:

- Well-appointed open plan living and dining area

- Modern kitchen with Miele appliances, including dishwasher
- Caesarstone benchtops
- Double-glazed reflective windows
- Reverse-cycle heating and cooling
- LED downlights
- Foxtel & NBN ready
- 24-hour concierge and building security

Residents will enjoy free access to premium onsite amenities, including:

- Fully equipped gymnasium
- Indoor heated swimming pool
- BBQ terrace
- Meeting room
- Private dining room and lounge area

** Photos are for advertising purposes 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
  • 20 Jan 2026
    Listed for Rent $750 / week
  • 13 Jan 2025
    Listed for Rent $720 / week
  • 12 Oct 2024
    Sold for $538,000
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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 64,264 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.
There are currently 278 properties listed for sale, and 164 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2691 properties were sold in the past 12 months in Melbourne.

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Cotality Copyright and Legal Disclaimers about Property Data
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.