3606/318 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

3606/318 Russell Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 47m2
Land area: 937m2
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Last updated 11 May 2026
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Property Details for 3606/318 Russell St, Melbourne

3606/318 Russell St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2014. The property has a land size of 937m2 and floor size of 47m2.

Building Type
Unit
Year Built
2014
Floor Size
47m2
Land Size
937m2
Local Government
Melbourne
Lot/Plan
3606/PS720256

Last Listing description (May 2022)

The opportunity has come for you to call this apartment your home. With amazing City views, premium luxury, style and sophistication you are sure to be impressed.

Situated on the 36th floor the apartment features:

1 Bedroom with built in robe and amazing views

1 central luxury tiled bathroom
Open plan living and dining
Heating and cooling throughout
Modern Kitchen with stainless steel Miele appliances
Secure entry with Video intercoms & 24 Hour concierge
6.5 star energy rated building with advanced thermal glazing and share car facility.

This near new building has amazing luxurious facilities including a black granite infinity edged swimming pool with sauna and steam room, open air barbeque terrace, fully equipped gymnasium and games rooms, resident lounge and dining, meeting rooms. You will also have exclusive access to level 55 Sky Lounge with day spa, private lounge and dining, library, and gym.

Enjoy easy access to local restaurants, shops and cafes in one of Melbourne's premier locations.

In close proximity to RMIT and MEL University, Carlton Gardens, QV, China Town, Lygon Street, and public transport.

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Property History for 3606/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Listed for Rent
$420/w
03 May 2022
  • 11 Apr 2022
    Listed for Rent $420 / week
  • 22 Jan 2021
    Listed for Rent $370 / week
  • 23 Aug 2017
    Listed for Rent $480 / 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 64,227 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 300 properties listed for sale, and 168 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2655 properties were sold in the past 12 months in Melbourne.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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