4108/318 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

4108/318 Russell Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 937m2
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Last updated 30 Mar 2026
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Property Details for 4108/318 Russell St, Melbourne

4108/318 Russell St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 937m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in September 2012.

Building Type
Unit
Year Built
2014
Floor Size
71m2
Land Size
937m2
Local Government
Melbourne
Lot/Plan
4108/PS720256

Last Listing description (June 2025)

Positioned in the vibrant heart of Melbourne CBD, this well-appointed two-bedroom, one-bathroom apartment offers unbeatable convenience and lifestyle. Located directly opposite the State Library and QV, and just a short stroll to RMIT University, the University of Melbourne, Chinatown, Carlton Gardens, and major transport options including Melbourne Central Station and Swanston Street trams.The apartment is furnished and features: - Secure entry with intercom access - Spacious open-plan living and dining area- Expansive floor-to-ceiling windows offering leafy garden outlooks- Double-glazed windows for comfort and quiet living- Contemporary kitchen equipped with high-end Miele appliances- Bedrooms fitted with built-in robes for ample storage- Central tiled bathroom with integrated laundry facilities- Central tiled bathroom with integrated laundry facilities- Elegant Caesarstone benchtops and abundant cupboard space- Reverse cycle heating and coolingResidents will have access to amenities, including:- Indoor heated pool - Spa and sauna - Steam room - Terrace with BBQ facilities- Private dining - Meeting room - Resident lounge - Games room ** Photos are for advertising purposes only *** TO AVOID DISAPPOINTMENT, PLEASE REGISTER TO INSPECT THIS PROPERTY *By registering your details, you will be informed of any updates, changes or cancellations of your appointment. Please ensure you also have photo ID with you for the inspection. Register and apply early to secure this property.To apply for this property, please visit:https://snug.com/apply/melcorprealestate

Property History for 4108/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$608,250
30 Sep 2012
Listed for Rent
$780/w
11 Jun 2024
  • 02 Jun 2025
    Listed for Rent $780 / week
  • 23 May 2024
    Listed for Rent $780 / week
  • 09 May 2022
    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 64,238 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.

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.