5405/318 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

5405/318 Russell Street
Melbourne VIC 3000

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 120m2
Land area: 937m2
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Last updated 19 Jan 2026
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Property Details for 5405/318 Russell St, Melbourne

5405/318 Russell St, Melbourne is a 3 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2014. The property has a land size of 937m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in April 2012.

Building Type
Unit
Year Built
2014
Floor Size
120m2
Land Size
937m2
Local Government
Melbourne
Lot/Plan
5405/PS720256

Last Listing description (November 2017)

Abode318 is located in the heart of Melbourne CBD, opposite the State Library and QV, within walking distance to RMIT University, University of Melbourne, Chinatown, Carlton Garden, and city's major transport hubs including Melbourne Central Station and Swanston Street Trams. It is the perfect place for students or working professionals alike.
This 3-bedroom 3-bathroom spacious apartment cleverly designed open plan, with floor to ceiling windows to enjoy the view of Melbourne skyline, comprises:
- Well equipped kitchen with Miele appliances including dishwasher

- Fridge, washer/dryer and microwave provided
- Caesar stone bench tops
- Double glazed reflective windows
- Reverse cycle heating and cooling
- LED down lights
- 24 hour concierge and building security
- Foxtel & NBN ready
INCLUDES FREE USE of onsite facilities and sky lounge:
- Fully equipped gymnasium
- Indoor heated swimming pool
- Sauna and steam room
- BBQ terrace
- Meeting room
- Private dining room & lounge area
Call 9242 0088 now to book inspection.

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Property History for 5405/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$1,260,531
30 Apr 2012
Listed for Rent
$2.20k/w
01 Nov 2017
  • 25 Oct 2017
    Listed for Rent - Price not available
  • 13 Sep 2017
    Listed for Rent - Price not available
  • 03 Jan 2017
    Listed for Rent $2,800 / 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 64,289 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:

  • The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
  • Houses have a median rent of $640 while Units have a median rent of $670.
There are currently 240 properties listed for sale, and 362 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2739 properties were sold in the past 12 months in Melbourne.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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