5202/318 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

5202/318 Russell Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 2
Car spaces: 1
Floor area: 119m2
Land area: 937m2
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Property Details for 5202/318 Russell St, Melbourne

5202/318 Russell St, Melbourne is a 1 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 937m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in May 2024.

Building Type
Unit
Year Built
2014
Floor Size
119m2
Land Size
937m2
Local Government
Melbourne
Lot/Plan
5202/PS720256

Last Listing description (June 2024)

Luxuriating in an abundance of Northern and Easterly sunshine, this breath-taking 3-bedroom, 2-bathroom, 119.5sqm approx. residence certainly makes an unforgettable first impression. Taking in spectacular views of a raft of iconic Melbourne landmarks - including Fitzroy and Carlton gardens, Port Phillip Bay, Docklands whatf, Arts Centre the homes enviable position is matched by flawless interiors that leave you wanting for nothing.

On the 52nd floor of the exclusive Abode Apartment building and taking in panoramic views from every room, among the apartments countless highlights are an expansive living/dining zone and a first-class Epicurean kitchen with stone bench-tops and quality appliances, three sublime bedrooms all with panoramic views. A full laundry with a variety of storage is also offered along with heating/cooling, secure video intercom entry, robes in all bedrooms (master with WIR), freshly polished hardwood floors, lift access and a high in demand CBD secure car space as a bonus.

The pinnacle of inner-city living, Abode offers a lifestyle experience beyond compare. With a 24-hour concierge service for peace of mind, the building also includes a host of resort-like amenities including fitness centre, swimming pool, gym, sauna, steam room plus residents lounge, gardens and BBQ area.

A minutes stroll to the beating heart of Melbourne and everything it has to offer, inner-city living does not get any better than this.

Property History for 5202/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$705,000
20 May 2024
Listed for Rent
$1.20k/w
05 May 2017
  • 20 May 2024
    Sold for $705,000
  • 27 Mar 2024
    Listed for Sale Expression of Interest
  • 18 Jan 2020
    Transferred
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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 64,265 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 278 properties listed for sale, and 164 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2686 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.