5106/318 Russell Street, Melbourne, VIC 3000 sold on 27 March 2026 | OnTheHouse
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Sold on 27 Mar 2026 for $592,000

5106/318 Russell Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Property Details for 5106/318 Russell St, Melbourne

5106/318 Russell St, Melbourne is a 2 bedroom, 2 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 2 bedroom Apartment sold in Melbourne in the last 12 months.

Building Type
Apartment

Last Listing description (March 2026)

Positioned in a truly exceptional location where you can feel the vibrant pulse of the Melbourne CBD 24/7, this immaculate and ultra-stylish two-bedroom, two-bathroom apartment in the luxurious Abode building delivers sleek designer living and breathtaking 51st-floor city views.

Bathed in magnificent natural light, the apartment features a spacious open-plan living and dining area that sets the benchmark for sophisticated inner-city living. Expansive east-facing views stretch across Carlton Gardens and the Royal Exhibition Building, creating a spectacular outlook by day and night.

The flawless kitchen is appointed with stunning stone benchtops, a breakfast bar, and premium Miele stainless steel appliances, perfect for both everyday living and entertaining. Timber flooring flows throughout the entire apartment, enhancing the modern and luxurious feel.

The main bedroom includes built-in robes and enjoys spectacular city views, while the second bedroom is versatile and can be used as a bedroom or study. Both bathrooms are sleek and contemporary, complemented by European laundry facilities. Additional features include ducted heating and cooling, double-glazed windows, LED downlights, secure intercom entry, and the apartment is Foxtel and NBN ready.

Residents enjoy exclusive access to world-class facilities on Level 9 and Level 55, including a 24-hour concierge, fully equipped gym, indoor heated swimming pool, spa, sauna, steam room, BBQ terrace, meeting room, private dining room, and elegant lounge areas.

Perfectly positioned moments from QV Melbourne, Melbourne Central and its train station, RMIT University, the State Library of Victoria, Lygon Street restaurants, the theatre district, free trams, and Parliament Station, this apartment offers an unbeatable lifestyle in the heart of the city.

Property History for 5106/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$592,000
27 Mar 2026
Listed for Rent
$680/w
24 Oct 2023
  • 28 Mar 2026
    Sold for $592,000
  • 04 Feb 2026
    Listed for Sale $580,000 - $620,000
  • 10 Jun 2024
    Listed for Sale Undisclosed
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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 64,278 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 296 properties listed for sale, and 169 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2671 properties were sold in the past 12 months in Melbourne.

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Sophia Zhu
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Hanns Yeh
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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.