4601/318 Queen Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

4601/318 Queen Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 117m2
Land area: 673m2
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Last updated 13 Apr 2026
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Property Details for 4601/318 Queen St, Melbourne

4601/318 Queen St, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 673m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in May 2017.

Building Type
Unit
Floor Size
117m2
Land Size
673m2
Local Government
Melbourne
Lot/Plan
4601/PS637192

Last Listing description (August 2025)

This expansive unfurnished two-bedroom apartment offers the perfect place to call home. Prime placement in the heart of Melbourne CBD offers quick and easy access to Melbourne Central, QV, Emporium, Queen Victoria Market, plus the University of Melbourne and RMIT.

The kitchen overlooks the living and dining areas in an open plan setting. The home chef will be in their element with abundant preparation space on a stone kitchen counter, high quality stainless steel appliances, and ample storage space. Beautiful city views feature from the living room, an absolute must-see! Further features include two carpeted bedrooms, including a master with couples ensuite, integrated heating and cooling, and parking spaces for one car.

Paragon offers its residents an abundance of facilities, including a gym, indoor heated pool, spa, sauna room, three storey indoor forest, library, theatrette, social lounge with fireplace, commercial grade kitchen, and private dining room.

*Please be advised that the allocated car space operates within a car stacker system*

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Property History for 4601/318 Queen St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$1,488,800
26 May 2017
Listed for Rent
$900/w
05 Jul 2023
  • 20 Jun 2025
    Listed for Rent $980 / week
  • 07 Oct 2024
    Listed for Sale Not Disclosed
  • 26 Jun 2023
    Listed for Rent $900 / 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 64,271 properties. Over the last 5 years, Houses in Melbourne have seen a -6.38% decrease in median value, while Units have seen a -4.97% decrease. As at 31 March 2026:

  • The median value for Houses in Melbourne is $1,346,319 while the median value for Units is $439,159.
  • Houses have a median rent of $700 while Units have a median rent of $672.
There are currently 274 properties listed for sale, and 168 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2689 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.

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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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