412/118 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

412/118 Russell Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 71m2
Land area: 1211m2
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Property Details for 412/118 Russell St, Melbourne

412/118 Russell St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 1950. The property has a land size of 1211m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in December 1999.

Building Type
Unit
Year Built
1950
Floor Size
71m2
Land Size
1211m2
Local Government
Melbourne
Lot/Plan
412/PS428294

Last Listing description (October 2021)

This recently renovated city apartment is an opportunity that cannot be missed! This striking north facing downtown apartment in the highly sort after Hero building features clean lines, a sense of space and panoramic views across the city seen from the impressively well sized balcony off the large open plan living area.

Boasting two well sized bedrooms with built in robes, stylish modern designer bathroom with bath and separate shower.
Separate fully equipped laundry. Open plan kitchen adjoining the lounge with quality granite benchtops and stainless steel appliances including gas cooking and a dishwasher.

Public transport available within the Free Tram Zone. Walk to Bourke St Trams 86, 96, Walk to Collins St Trams 11, 12, 48, 109.

**Please know that Kay & Burton will follow the current health advice as to the type and duration of inspections that are permitted, and we seek your cooperation in keeping everyone safe during this difficult time. If you have any questions, please do not hesitate to contact our team.**

**If this property is of interest to you, please ensure that you register your interest by clicking on the 'EMAIL AGENT' button so that you are kept up to date with inspections, price changes, and similar properties that may be suitable. We assure you that your details remain confidential and are only used for the purpose of securing you a property. https://kayburton.com.au/privacy-policy **

Property History for 412/118 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$235,000
13 Dec 1999
Listed for Rent
$400/w
26 Oct 2021
  • 13 Oct 2021
    Listed for Rent $400 / week
  • 13 Sep 2021
    Listed for Rent $400 / week
  • 20 Jul 2018
    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 64,267 properties. Over the last 5 years, Houses in Melbourne have seen a 5.76% increase in median value, while Units have seen a -4.47% decrease. As at 30 April 2026:

  • The median value for Houses in Melbourne is $1,457,082 while the median value for Units is $442,735.
  • Houses have a median rent of $700 while Units have a median rent of $675.
There are currently 295 properties listed for sale, and 165 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2682 properties were sold in the past 12 months in Melbourne.

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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.