601/340 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

601/340 Russell Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 16 Mar 2026
Low

High
Save

Property Details for 601/340 Russell St, Melbourne

601/340 Russell St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1930. While the property is not currently for sale or for rent, it was last transferred in June 2015.

Building Type
Unit
Year Built
1930
Local Government
Melbourne
Lot/Plan
601D/PS501388

Last Listing description (September 2022)

Beautiful Art Deco delight with a modern twist - UNFURNISHED

A light bright pristine apartment nestled within a stunning Art Deco masterpiece. This lovely abode boasts an uninterrupted aspect over the Old Magistrates Court, Old Melbourne Goal, the State Library and the Melbourne Central Glass Spire.

Comprising open plan living and dining zones, stainless bench tops adorn the gourmet kitchen with good storage, stainless steel appliances and gas cooking.


2 bedrooms, main with extra built in robes and plantation shutters, the second bedroom is currently fitted as a fully functioning home office. Cutting edge tiled bathroom with double shower and designer fittings. Separate European laundry.

Tram and cafes at your finger tips and minutes to everything the CBD has to offer and Carlton on the doorstep too.

Note:

- Security car space
- Concierge
- Fully equipped gymnasium
- Heated swimming pool
- Outdoor gardens
- Gas barbeques

Property History for 601/340 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Transferred
11 Jun 2015
  • 08 Aug 2022
    Listed for Rent $570.00 per week
  • 14 Jul 2020
    Listed for Rent $450.00
  • 23 Oct 2019
    Listed for Rent $600.00 per week
Sign in to see more transactions
Commute Calculator

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 64,246 properties. Over the last 5 years, Houses in Melbourne have seen a 33.17% increase in median value, while Units have seen a -4.37% decrease. As at 28 February 2026:

  • The median value for Houses in Melbourne is $1,808,781 while the median value for Units is $436,528.
  • Houses have a median rent of $650 while Units have a median rent of $675.
There are currently 247 properties listed for sale, and 169 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2781 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

Market Insights
Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.