4801/318 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

4801/318 Russell Street
Melbourne VIC 3000

Bedrooms: 4
Bathrooms: 3
Car spaces: 3
Floor area: 164m2
Land area: 937m2
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Property Details for 4801/318 Russell St, Melbourne

4801/318 Russell St, Melbourne is a 4 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 2015. The property has a land size of 937m2 and floor size of 164m2. While the property is not currently for sale or for rent, it was last sold in June 2025.

Building Type
Unit
Year Built
2015
Floor Size
164m2
Land Size
937m2
Local Government
Melbourne
Lot/Plan
4801/PS720256

Last Listing description (October 2025)

A rare opportunity within the prestigious Abode Apartment building, this bespoke 4-bedroom, 3-bathroom residence spans approximately 171.5m and represents the pinnacle of luxury high-rise living. Perched on the 48th floor, it showcases breathtaking north-facing panoramic views across Melbourne's most iconic landmarks-from the vibrant city skyline to the sparkling waters of Port Phillip Bay.

Flooded with natural light from its northern and eastern aspects, the interior spaces are equally captivating. A generous open-plan living and dining zone provides the perfect setting for both relaxed daily living and sophisticated entertaining, anchored by a gourmet Epicurean kitchen with premium stone benchtops, high-end appliances, and sleek modern cabinetry.

All four generously proportioned bedrooms enjoy spectacular outlooks, with the master suite featuring a walk-in robe and a luxurious private ensuite. Additional highlights include a full laundry with abundant storage, heating and cooling throughout, elegant Italian porcelain tiles, and secure video intercom entry. Three secure car spaces in the heart of the CBD add a level of exclusivity rarely found.

Abode offers world-class amenities for residents, including a 24-hour concierge, resort-style swimming pool, state-of-the-art gym, sauna, steam room, residents' lounge, landscaped gardens, and BBQ facilities.
Situated just moments from Melbourne's vibrant CBD, with easy access to premier dining, shopping, and cultural destinations, this one-of-a-kind residence presents a truly exceptional lifestyle opportunity in one of the city's most iconic buildings.

Property History for 4801/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$2,200,000
05 Jun 2025
  • 05 Jun 2025
    Sold for $2,200,000
  • 07 Apr 2025
    Listed for Sale $2,350,000 - $2,450,000
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. There are 9 parks, covering nearly 2.5% of the 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 64,746 properties. Over the last 5 years, Houses in Melbourne have seen a -13.97% decrease in median value, while Units have seen a -2.46% decrease. As at 30 June 2026:

  • The median value for Houses in Melbourne is $1,470,997 while the median value for Units is $440,978.
  • Houses have a median rent of $710 while Units have a median rent of $680.
There are currently 292 properties listed for sale, and 248 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2573 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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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.