410/118 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

410/118 Russell Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 66m2
Land area: 1211m2
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Last updated 30 Mar 2026
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Property Details for 410/118 Russell St, Melbourne

410/118 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 66m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
Unit
Year Built
1950
Floor Size
66m2
Land Size
1211m2
Local Government
Melbourne
Lot/Plan
410/PS428294

Last Listing description (November 2023)

Perfectly positioned in the back corner of the block this massive 60m+ one bedroom home is perfect for the inner city professional or prudent investor. The modern fit out (designed by renowned architect Nonda Katsalidis) creates a striking contrast to the historic Hero building. Located mere moments away from Melbourne's premier dining and cultural attractions, it offers an exhilarating living experience and is poised to leave a lasting impression.

- North facing living spaces capture the light year round
- Versatile kitchen features gas cooking and stone benchtop

- North facing balcony overlooking Melbourne's vibrant laneways
- Main bedroom a peaceful oasis with good storage
- Highly sought after home office/nursery/single guest bedroom
- Bathroom with shower over bath and marble accents
- Separate Euro Laundry
- Air conditioned ideal for year round living

Available with vacant possession this one is sure to be snapped up quick so inspect today

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Property History for 410/118 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$470,000
10 Nov 2023
Listed for Rent
$550/w
19 Nov 2013
  • 10 Nov 2023
    Sold for $470,000
  • 19 Oct 2023
    Listed for Sale $500,000
  • 23 Aug 2013
    Listed for Rent - Price not available
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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 64,237 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 252 properties listed for sale, and 161 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2749 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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