508/118 Russell StreetMelbourne VIC 3000
Property Details for 508/118 Russell St, Melbourne
508/118 Russell St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 1950. The property has a land size of 1211m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in October 2009.
Last Listing description (March 2022)
One-On-One Private Inspections are available for this property at a time to best suit you and your schedule.
The Dream:
Own a piece of Blue Chip real estate in the Paris end of town, the Hero Apartments is a fascinating conversion for contemporary living by the notable architect Nonda Katsalidis. The choice is yours and you will never regret this enviable location.
The Abode:
Live in the middle of the very best of what the city has to offer at your doorstep: Melbourne's finest dinning and cultural experiences, high end designers shops, it is a truly exciting place to live. Enjoy the serenity when you arrive home. Perfect to move in now, or keep as an investment, just awaiting your touch and style.
The Features:
* 1 bedroom with study
* Opportunity to build a larger 2nd bedroom (Proposed Floorplan)
* Bathroom with shower over bathtub
* Open kitchen
* Balcony
* New floorboards
The Nearby:
It is all at your fingertips, located in the one of the most vivid Melbourne's location, stroll to first-class shopping, university choice, award-winning restaurants, lively cafes, and all the vitality of the theater district, Flinders Street trains and trams in all directions.
Next Steps:
Call, reach out, email but be quick as this is in high demand. Book an appointment!
Property History for 508/118 Russell St, Melbourne, VIC 3000
- 12 Nov 2021Listed for Sale Private Sale $450,000 - $490,000
- 30 Apr 2021Listed for Sale Private Sale $440,000 - $480,000
- 21 Oct 2009Sold for $330,000
Recent sales nearby
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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 64,328 properties. Over the last 5 years, Houses in Melbourne have seen a 5.76% increase in median value, while Units have seen a -4.47% decrease. As at 30 April 2026:
- The median value for Houses in Melbourne is $1,457,082 while the median value for Units is $442,735.
- Houses have a median rent of $700 while Units have a median rent of $675.
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