4004/318 Queen Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

4004/318 Queen Street
Melbourne VIC 3000

Bedrooms: 3
Bathrooms: 2
Car spaces: -
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Last updated 13 Apr 2026
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Property Details for 4004/318 Queen St, Melbourne

4004/318 Queen St, Melbourne is a 3 bedroom, 2 bathroom Unit. While the property is not currently for sale or for rent, it was last sold in January 2019.

Building Type
Unit
Local Government
Melbourne
Lot/Plan
4004/PS637192

Last Listing description (March 2023)

Close to everywhere! Location! Location! Location!

4004/318 Queen St, Melbourne

In one of the world's leading cities, Paragon lives up to its name. A building that blends seamlessly with the cityscape, Paragon's luminous anodized metal finish wraps around a curtain of glass to reflect the cityscape designed by Fender Katsalidis, sweeping across the heart of Melbourne's skyline.

This apartment locates on the 40th floor at Paragon, partly furnished with the best city view. Three spacious bedrooms (with WIRs) with floor-to-ceiling windows, the master bedroom has an ensuites.

Paragon consists of 48 floors, with each floor limited to four to six residences. It couldn't be better to live in the CBD with all the shopping, transport and dining options close by. Take advantage of Paragon's superb facilities including swimming pool, gym, spa, sauna, formal and casual communal spaces, library, theater and Australia's first indoor forest.

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Property History for 4004/318 Queen St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$1,214,000
24 Jan 2019
  • 15 Feb 2023
    Listed for Rent $1,200 weekly
  • 17 Feb 2022
    Listed for Rent $980
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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 64,271 properties. Over the last 5 years, Houses in Melbourne have seen a -6.38% decrease in median value, while Units have seen a -4.97% decrease. As at 31 March 2026:

  • The median value for Houses in Melbourne is $1,346,319 while the median value for Units is $439,159.
  • Houses have a median rent of $700 while Units have a median rent of $672.
There are currently 274 properties listed for sale, and 167 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2691 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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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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