403/118 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

403/118 Russell Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 60m2
Land area: 1211m2
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Last updated 20 Apr 2026
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Property Details for 403/118 Russell St, Melbourne

403/118 Russell St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1950. The property has a land size of 1211m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in July 2005.

Building Type
Unit
Year Built
1950
Floor Size
60m2
Land Size
1211m2
Local Government
Melbourne
Lot/Plan
403/PS428294

Last Listing description (October 2024)

A stunning fully furnished apartment offering master bedroom with built in robes and double glazed windows. Modern kitchen with gas cooking appliances & dishwasher. Open plan living area with private balcony. Study room equiped with desk. Designer bathroom with bath tub and laundry facilities. Also includes spilt system heating and cooling, all in a secure building.

Transport available within the FREE TRAM ZONE Walk to Burke St Trams 86, 96, Walk to Collins St Trams 11, 12, 48, 109

To apply, please copy and paste the following link into your browser:

https://our.property/61W8

Property History for 403/118 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$290,000
09 Jul 2005
Listed for Rent
$650/w
30 Oct 2023
  • 06 Sep 2023
    Listed for Rent $650 / week
  • 27 Jan 2017
    Listed for Rent $600 / week
  • 06 Apr 2016
    Listed for Rent $600 / 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 64,264 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 273 properties listed for sale, and 165 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2684 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.