4608/318 Russell Street, Melbourne, VIC 3000 sold on 29 July 2025 | OnTheHouse
SOLD
Sold on 29 Jul 2025 for $640,000

4608/318 Russell Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 71m2
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Property Details for 4608/318 Russell St, Melbourne

4608/318 Russell St, Melbourne is a 2 bedroom, 1 bathroom Apartment. The property has a floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 2 bedroom Apartment sold in Melbourne in the last 12 months.

Building Type
Apartment
Floor Size
71m2

Last Listing description (July 2025)

Perched on Level 46 of the prestigious Abode residential tower, this stylish 2-bedroom, 1-bathroom apartment exemplifies sophistication in the heart of Melbourne CBD.

Enjoy stunning east-facing views across Carlton Gardens and the city skyline from the private balcony-perfect for quiet alfresco dining or pre-dinner drinks. The spacious open-plan living and dining area features plush carpet and seamlessly connects to a sleek Caesarstone kitchen, complete with breakfast bar, premium cabinetry, and stainless-steel Miele appliances.

Additional features include a separate laundry, ducted heating and cooling, double-glazed windows, LED downlights, and secure intercom access. The property is also Foxtel and NBN ready.

Residents have exclusive access to resort-style amenities including:
• 24-hour concierge and security
• Fully equipped gym
• Heated indoor pool, sauna, and steam room
• BBQ terrace, private dining room, lounge, and meeting spaces

Perfectly positioned within walking distance to RMIT, Melbourne Uni, QV, Melbourne Central, Lygon Street, Carlton Gardens, and the State Library. Located in the free tram zone with Melbourne Central Station just moments away.

Ideal for first home buyers or astute investors seeking a vibrant city lifestyle.

Property History for 4608/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$640,000
29 Jul 2025
Listed for Rent
$750/w
12 Feb 2024
  • 30 Jul 2025
    Sold for $640,000
  • 06 Jun 2025
    Listed for Sale $600,000 - $650,000
  • 10 Jan 2024
    Listed for Rent $750 / 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 64,250 properties. Over the last 5 years, Houses in Melbourne have seen a -25.47% decrease in median value, while Units have seen a -3.96% decrease. As at 30 November 2025:

  • The median value for Houses in Melbourne is $1,033,829 while the median value for Units is $440,645.
  • Houses have a median rent of $635 while Units have a median rent of $660.
There are currently 250 properties listed for sale, and 255 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2735 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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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.