3407/318 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

3407/318 Russell Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 937m2
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Property Details for 3407/318 Russell St, Melbourne

3407/318 Russell St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 937m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in February 2024.

Building Type
Unit
Year Built
2015
Floor Size
60m2
Land Size
937m2
Local Government
Melbourne
Lot/Plan
3407/PS720256

Last Listing description (March 2024)

Splashed with contemporary luxury and promising outstanding views of the surrounding CBD, this inspired Abode apartment with great space is the height of luxury in the heart of the world's most livable city.

You have access to facilities including a 24-hr concierge, fully-equipped gym, indoor heated swimming pool, sauna, stream room, BBQ terrace, meeting room, private dining room and lounge area. Moments to QV Melbourne, Melbourne Central, RMIT University, Carlton Gardens, an array of brilliant city shops, restaurants, and bars, and trams in the free zone.

Property History for 3407/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$620,000
22 Feb 2024
Listed for Rent
$390/w
13 Nov 2020
  • 22 Feb 2024
    Listed for Sale Not Disclosed
  • 22 Feb 2024
    Sold for $620,000
  • 11 Mar 2020
    Listed for Rent $550 / week
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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 64,267 properties. Over the last 5 years, Houses in Melbourne have seen a 5.76% increase in median value, while Units have seen a -4.47% decrease. As at 30 April 2026:

  • The median value for Houses in Melbourne is $1,457,082 while the median value for Units is $442,735.
  • Houses have a median rent of $700 while Units have a median rent of $675.
There are currently 295 properties listed for sale, and 165 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2682 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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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.