3404/318 Russell StreetMelbourne VIC 3000
Property Details for 3404/318 Russell St, Melbourne
3404/318 Russell St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2014. The property has a land size of 937m2 and floor size of 55m2.This Property is currently listed for sale with Pagan Real Estate
Last Listing description (March 2026)
Positioned on the 34th floor of the iconic Abode 318 tower, Apartment 3404/318 Russell Street presents an excellent opportunity to secure a modern city residence or smart investment in the heart of Melbourne.
The apartment features a bright open-plan living and dining area with floor-to-ceiling windows, a sleek kitchen with quality appliances, a comfortable bedroom with built-in robes, and a contemporary bathroom.
Residents enjoy access to premium facilities including a gym, indoor pool, sauna and resident lounge, along with secure entry and concierge service.
Perfectly located opposite State Library Victoria and moments from RMIT University, Melbourne Central Shopping Centre, restaurants, cafes and public transport, this apartment offers the ultimate inner-city lifestyle.
Property History for 3404/318 Russell St, Melbourne, VIC 3000
- 10 Mar 2026Listed for Sale $530,000-$570,000
- 15 Jan 2021Listed for Rent $460 / week
- 10 Jul 2013Sold for $534,000
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 64,238 properties. Over the last 5 years, Houses in Melbourne have seen a 33.17% increase in median value, while Units have seen a -4.37% decrease. As at 28 February 2026:
- The median value for Houses in Melbourne is $1,808,781 while the median value for Units is $436,528.
- Houses have a median rent of $650 while Units have a median rent of $675.
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