3705/318 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

3705/318 Russell Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 51m2
Land area: 937m2
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Property Details for 3705/318 Russell St, Melbourne

3705/318 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 51m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
2014
Floor Size
51m2
Land Size
937m2
Local Government
Melbourne
Lot/Plan
3705/PS720256

Last Listing description (April 2022)

This coveted building has wonderful facilities for residents to share as well as being designed with an emphasis on attention to detail and superior fittings and fixtures. The astonishing views will grab your attention instantly, with the sights of the tall surrounding city buildings truly extraordinary, especially when lit up at night time. The apartment with centrality envious to all in the CBD, an abundance of natural light in the bedrooms and living, unencumbered views back into the city and to the mountains.

Feature:

-Ducted heating and cooling, double glazed windows
-LED downlights, Foxtel and NBN ready
-Secure intercom entry and 24-hour concierge and building security
-Fully-equipped gymnasium, indoor heated swimming pool, sauna, steam room, BBQ terrace, meeting room, private dining room and lounge area
-Mountains view

This Russell Street address allows you to easily access terrific nearby attractions including the scenic Carlton Gardens with Royal Exhibition Building and Melbourne Museum, QV shopping with renowned restaurants, State Library of Victoria, Melbourne Central shops and trains, RMIT University, Lygon Street and trams.

Property History for 3705/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$395,000
02 Feb 2022
Listed for Rent
07 May 2021
  • 02 Feb 2022
    Sold for $395,000
  • 23 Feb 2021
    Listed for Rent $350 / week
  • 16 Nov 2020
    Listed for Sale $420,000
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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 64,327 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 185 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2666 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.