39/318 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
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39/318 Russell Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Last updated 16 Mar 2026
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Property Details for 39/318 Russell St, Melbourne

39/318 Russell St, Melbourne is a 2 bedroom, 2 bathroom Unit.

Building Type
Unit
Local Government
Melbourne

Last Listing description (September 2020)

The Abode complex has the reputation as being one of the best residential buildings in Melbourne thanks to high end quality, inspired views, and a wealth of amazing recreational facilities. This premium fully furnished two bedroom apartment is your ticket to a standout city lifestyle.

A corner position on the 39th floor and the relaxed open lay-out is just the start for this brilliant property. Spacious lounge and dining opens out to a balcony where the stunning views can be taken in. Your kitchen is fully furnished with Miele dishwasher, cooktop, oven, as well as fridge and microwave.


Your two bedrooms, both with built-in robes and are separated by the dazzling bathroom. Your master bedroom is featured with a seperate entrance to the bathroom. The Master bedroom also has a share of the stunning unobstructed city views.

Total 3 TV units are placed seperately in Living, Master bedroom, and guest bedroom. Also benefit from a European laundry, central heat/cool, double glazed windows, LED downlights, Foxtel and NBN ready and secure intercom.

Some of the city's best residential facilities can be enjoyed and including:

- Exclusive Sky lounge access including - sky dining, sky library, sky spa, sky gym, sky deck and sky cocktail area at level 55

- 24-hr concierge
- Fully-equipped gym
- Indoor heated swimming pool
- Sauna
- Steam room
- BBQ terrace
- Meeting room
- Private dining room
- Lounge area


You will love this brilliant location with everything at your doorstep - QV Melbourne, Melbourne Central with train station, RMIT University, State Library of Victoria, Carlton Gardens, Lygon Street restaurants, theatre district, free trams, and Parliament Station.

Call us to inspect now - 0410 568 193!

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Property History for 39/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Listed for Rent
$825/w
17 Feb 2026
  • 07 May 2020
    Listed for Rent $700 / 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 64,243 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 244 properties listed for sale, and 169 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2772 properties were sold in the past 12 months in Melbourne.

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Cotality Copyright and Legal Disclaimers about Property Data

© 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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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.

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