611/222 Russell StreetMelbourne VIC 3000
Property Details for 611/222 Russell St, Melbourne
611/222 Russell St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 3115m2 and floor size of 34m2. While the property is not currently for sale or for rent, it was last sold in April 2018.
Last Listing description (July 2017)
Leased to the Mantra Group at approximately 6% rental return per year, this modern West facing one bedroom apartment with BIR, bathroom and open style kitchen and lounge area.
With an impressive pool and gym area, located in in the heart of the China Town precinct of Melbourne,it also has a quality restaurant and bar attached to the building - all making this a very attractive investment.
Current Lease : 5 years starting from Late 2016
Body Corporate fee: Paid By Mantra
Property History for 611/222 Russell St, Melbourne, VIC 3000
- 06 Apr 2018Sold for $251,666
- 15 Nov 2016Listed for Sale $220,000 to $260,000
- 11 Feb 2010Listed for Sale $350,000
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0About 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 64,240 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.
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