413/118 Russell StreetMelbourne VIC 3000
Property Details for 413/118 Russell St, Melbourne
413/118 Russell St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 1211m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in May 2016.
Last Listing description (June 2017)
A fabulous top end of town position and featuring a northerly front aspect in the highly desired Hero building on the corner of Russell and Little Collins Street with the best of the city lifestyle all within very easy access.
Ready to occupy now or a prime investment opportunity this furnished low maintenance luxury apartment with city views comprises spacious L-shape living and dining with balcony, open plan kitchen with quality Smeg stainless steel appliances including dishwasher, gas cooking, ample cupboard space and separate laundry. The main bedroom has built in robes and the second bedroom lends itself to an alternative use as a study if desired. The stylish bathroom showcases marble finishes, separate shower and a full bath tub.
Additional comforts include split system air-conditioning, secure intercom entry and lift access.
Property History for 413/118 Russell St, Melbourne, VIC 3000
- 04 May 2017Listed for Sale $528000
- 18 May 2016Sold for $530,000
- 11 Sep 2015Listed 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 64,245 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.
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