3406/318 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

3406/318 Russell Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 49m2
Land area: 937m2
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Property Details for 3406/318 Russell St, Melbourne

3406/318 Russell St, Melbourne is a 1 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 49m2. While the property is not currently for sale or for rent, it was last sold in September 2011.

Building Type
Unit
Year Built
2014
Floor Size
49m2
Land Size
937m2
Local Government
Melbourne
Lot/Plan
3406/PS720256

Last Listing description (May 2024)

Boasting a picturesque vista overlooking the iconic State Library and QV, this premier address is a mere stroll from educational institutions like RMIT and the University of Melbourne. Enveloping this hub are cultural treasures including the vibrant Chinatown and the tranquil Carlton Garden. Whether you're an ambitious student or a seasoned professional, this captivating locale promises a harmonious fusion of convenience and charm.

The apartment is furnished and features:

- Open plan living/dining area

- Kitchen with stainless steel Miele appliances
- Fridge, washer/dryer are included
- Caesar stone bench tops
- Double glazed windows
- Ducted system
- LED down lights
- Central tiled bathroom
- European style laundry
- Bedroom with built-in robe
- Intercom system
- Secure entry

Residents will have access to amenities, including:

- Indoor heated pool
- Spa and sauna
- Equipped gym
- BBQ terrace area
- Resident lounge

** 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 3406/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$389,500
05 Sep 2011
Listed for Rent
$600/w
07 May 2024
  • 04 Apr 2024
    Listed for Rent $600 / week
  • 06 Oct 2020
    Listed for Rent $420 / week
  • 16 Jan 2018
    Listed for Rent - Price not available
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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 64,242 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.
There are currently 245 properties listed for sale, and 167 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2769 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.