411/118 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

411/118 Russell Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 55m2
Land area: 1211m2
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Last updated 23 Mar 2026
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Property Details for 411/118 Russell St, Melbourne

411/118 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 55m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
1950
Floor Size
55m2
Land Size
1211m2
Local Government
Melbourne
Lot/Plan
411/PS428294

Last Listing description (September 2025)

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Just moments from Federation Square, Bourke Street Mall, Theatres, Restaurants and Public Transport!

- Light, bright open plan layout
- Specially designed storage seating and shelves in lounge room
- Functional kitchen, renovated with electric appliances
- Generous bedroom with built in robes
- Modern bathroom with large shower over bath
- European laundry area with washing machine included
- Secure building with intercom and lift access
- Gas included in rent, Hot Water is embedded with Network Energy
- Building offers bicycle storage, rooftop solar panels, a worm farm, a charity bin, a swap area and a full-time building manager on-site

Harcourts Melbourne City, Estate Agents, specialising in sales & leasing of Warehouse, Heritage, Unique WHU properties in Melbournes inner city.
For information on inner city property for sale or rent or for expert real estate advice visit: https://harcourtsmelbournecity.com or phone us on 03 9664 8100

Harcourts Melbourne City is committed to maintaining the protection of the personal information it collects during the course of its business, as it is obliged to do under state and federal legislation. Please find a full copy of our privacy policy on our website: http://melbournecity.harcourts.com.au/Home/Contact-Us/Privacy-Policy/70568

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Property History for 411/118 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$500,000
15 Feb 2023
Listed for Rent
04 Jun 2024
  • 22 May 2024
    Listed for Rent $500 / week
  • 12 Apr 2023
    Listed for Rent $475 / week
  • 15 Feb 2023
    Sold for $500,000
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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 64,236 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 159 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2747 properties were sold in the past 12 months in Melbourne.

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Cotality Copyright and Legal Disclaimers about Property Data

© 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.

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.

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