403/18 Russell PlaceMelbourne VIC 3000
Property Details for 403/18 Russell Pl, Melbourne
403/18 Russell Pl, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 766m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in November 2018.
Last Listing description (December 2022)
Currently leasedPerfectly positioned in the "Paris End" of the CBD, where cultural experiences, universities, public transport, shopping and dining options are abundant. The colourful geometries of its Piet Mondrian-inspired facade and upmarket ground floor boutiques and cafes bring a sophisticated vibrancy to the small lane off Little Collins Street. The 9-storey building is distinguished by its innovative, modular construction method and high standard interior fit out. This 4th floor apartment features open plan kitchen and living areas with European laundry, stainless appliances and reverse-cycle air conditioning. The living areas open out onto a balcony, offering natural light and air flow and views of Russell Place. The large master bedroom and bathroom are appointed with the warmth of timber panelling and the substantial separate study offers flexibility and storage.This is a secure, low maintenance building with great rental yield that would suit both the savvy investor or lifestyle-oriented owner occupier.Features include: Large master bedroom Open plan kitchen/dining/living area Separate study Euro laundry Balcony Lane way aspect Reverse cycle air conditioningDisclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Property History for 403/18 Russell Pl, Melbourne, VIC 3000
- 10 Oct 2019Listed for Sale $395,000
- 20 Nov 2018Sold for $387,500
- 10 Apr 2018Listed for Sale $395,000
Recent sales nearby
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0About 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 64,229 properties. Over the last 5 years, Houses in Melbourne have seen a -25.47% decrease in median value, while Units have seen a -3.96% decrease. As at 30 November 2025:
- The median value for Houses in Melbourne is $1,033,829 while the median value for Units is $440,645.
- Houses have a median rent of $635 while Units have a median rent of $660.
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