3707/318 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
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3707/318 Russell Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 937m2
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Last updated 16 Mar 2026
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Property Details for 3707/318 Russell St, Melbourne

3707/318 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 59m2. While the property is not currently for sale or for rent, it was last sold in July 2017.

Building Type
Unit
Year Built
2014
Floor Size
59m2
Land Size
937m2
Local Government
Melbourne
Lot/Plan
3707/PS720256

Last Listing description (May 2018)

Located in the heart of Melbourne's CBD, Abode Apartments is a short stroll to China Town, QV, Emporium, Melbourne Central and just moments from Melbourne's prestigious universities including RMIT and Melbourne University.

This sleek, stylish and spacious home with absolutely breath taking views stretching past Melbourne's unique cityscape, Carlton Gardens, the iconic Royal Exhibition Building and all the way out to the North Eastern Suburbs and Dandenong Mountains comes complete with access to Abode Apartments luxurious Skydeck on level 55, which boasts a remarkable, hotel-inspired experience including spa, steam room, sauna, infinity pool, lounge and dining room, BBQ terrace and fully equipped gym all overlooking the city as well as access to the level 9 Resident facilities which include a 17 seat cinema, pool tables, ping pong tables, lounge, dining room, swimming pool and terrace. The complex also has a 24-hour concierge and security onsite.


Placed high upon the 37th floor, this 2-bedroom, 1-bathroom apartment features:
-Open plan living and dining area
-Stone kitchen fitted with stainless steel appliances
-Air conditioning and Heating
-NBN Connection
-High ceilings and expansive floor to ceiling windows
-Extra Storage and Linen Cupboards
-Access to the award-winning facilities on Level 55 Skydeck as well as Level 9 facilities

Just lock-up and leave, then wander downstairs past the 24-hour concierge and out to RMIT, Melbourne Uni or do some shopping at QV. Alternatively, stay in the complex and have a game of pool with a friend or utilise the resident's pool, spa, sauna, gym, BBQ terrace and the stunning 55th floor Skydeck with cinema, private dining room and lounge.

Currently Vacant, the owner occupier can move straight in or the savvy investor can capitalise on an amazing potential rent of approximately $580 per week. Be quick to inspect this amazing offering as properties like this get snapped up in seconds!

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Property History for 3707/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$560,000
03 Jul 2017
Listed for Rent
$561/w
03 Dec 2015
  • 03 Jul 2017
    Sold for $560,000
  • 06 Jun 2017
    Listed for Sale $560,000
  • 07 Nov 2016
    Listed for Sale Private Sale
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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 64,246 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 247 properties listed for sale, and 169 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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© 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.

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