606/118 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

606/118 Russell Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 1211m2
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Property Details for 606/118 Russell St, Melbourne

606/118 Russell St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 1211m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in May 2015.

Building Type
Unit
Year Built
2012
Floor Size
60m2
Land Size
1211m2
Local Government
Melbourne
Lot/Plan
606/PS428294

Last Listing description (October 2016)

A generous open plan design reveals cleverly integrated living, dining and kitchen areas graced with quality carpet and a neutral color scheme. There is a low maintenance tiled kitchen space equipped with stone bench tops and good appliances. There are two good-sized bedrooms with the main bedroom featuring a built-in wardrobe. Additional highlights include internal laundry facilities, a chic marble finished bathroom, air conditioning and intercom security. This exceptional lifestyle retreat embraces a highly sought-after address between Bourke Street and Collins Street, within easy walking distance to a popular selection of boutique shops, trendy cafes, fine dining restaurants, Fitzroy Gardens, quality schools and Flinders Street Station.

Property History for 606/118 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$415,000
30 May 2015
Listed for Rent
$490/w
09 Oct 2016
  • 15 Aug 2016
    Listed for Rent - Price not available
  • 24 Aug 2015
    Listed for Rent - Price not available
  • 30 May 2015
    Sold for $415,000
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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 64,238 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 250 properties listed for sale, and 158 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2752 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.