4305/318 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

4305/318 Russell Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 19 Jan 2026
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Property Details for 4305/318 Russell St, Melbourne

4305/318 Russell St, Melbourne is a 1 bedroom, 1 bathroom House and was built in 2014. While the property is not currently for sale or for rent, it was last sold in November 2012.

Building Type
House
Year Built
2014
Local Government
Melbourne
Lot/Plan
4305/PS720256

Last Listing description (February 2022)

Elegant Lifestyle in Abode

**Open inspection only for fully vaccinated attendees during advertised time. Please book a private inspection, if you are not yet fully vaccinated or do not wish to disclose your vaccination status.

**No balcony

This luxury furnished 1-bed 1-bath apartment is located high on the 43rd floor in the elegant Abode residential complex, moments to QV shopping and restaurants, RMIT University, Carlton Gardens, Royal Exhibition Building, State Library of Victoria, Melbourne Central shops and trains, iconic Lygon Street, and trams.

Apartment features:

-East-facing with fantastic views
-Large open plan living and dining space
-Sleek kitchen equipped with caesarstone benchtop, ample cabinetry, and quality stainless-steel appliances
-One bedroom with floor-to-ceiling windows and built-in robe
-A sparkling bathroom

Other features:

-Air conditioning
-Double glazed windows
-LED down lights
-24h concierge and building security

Residents will have private access to sky gym and spa which are exclusive to high level residents. Other amazing building facilities include indoor heated swimming pool, gym, BBQ terrace, meeting room, private dining room and lounge area.

**Photos are for advertising purposes only**
**Bond is one month rental**

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Property History for 4305/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$425,000
14 Nov 2012
  • 08 Feb 2022
    Listed for Rent $480 WEEKLY
  • 25 Feb 2021
    Listed for Rent $420 per week
  • 10 Jun 2015
    Listed for Rent $500 per 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 64,290 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:

  • The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
  • Houses have a median rent of $640 while Units have a median rent of $670.
There are currently 240 properties listed for sale, and 363 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2737 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.

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.

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