3603/318 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

3603/318 Russell Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 937m2
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Property Details for 3603/318 Russell St, Melbourne

3603/318 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 65m2. While the property is not currently for sale or for rent, it was last sold in July 2018.

Building Type
Unit
Year Built
2015
Floor Size
65m2
Land Size
937m2
Local Government
Melbourne
Lot/Plan
3603/PS720256

Last Listing description (August 2018)

Abode318 is located 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 all of the city's major transport hubs including Melbourne Central Station and Swanston Street Trams.
This 2-bedroom apartment is cleverly designed and comprises: Floor to ceiling double glazed reflective windows throughout and private balcony offering delightful garden views, well equipped, open plan kitchen with Miele appliances including dishwasher, Caesar stone bench tops, reverse cycle heating and cooling, LED down lights, 24-hour concierge and Building Security and is both Foxtel & NBN ready.
Featuring world class, onsite amenities including: Fully Equipped Gymnasium; Indoor Heated Swimming Pool; Sauna and Stream Room; BBQ Terrace; Meeting Room; Private Dining Room & Lounge Area

All of this just a five-minute walk from the world-renowned restaurants of cosmopolitan Lygon Street and the city centre.

Property History for 3603/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$640,000
15 Jul 2018
  • 15 Jul 2018
    Sold for $640,000
  • 24 May 2018
    Listed for Sale $648,000
  • 06 Aug 2012
    Sold for $593,500
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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 64,328 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 306 properties listed for sale, and 184 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2655 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.