702/340 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

702/340 Russell Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 4534m2
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Property Details for 702/340 Russell St, Melbourne

702/340 Russell St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1943. The property has a land size of 4534m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in February 2013.

Building Type
Unit
Year Built
1943
Floor Size
50m2
Land Size
4534m2
Local Government
Melbourne
Lot/Plan
702D/PS501388

Last Listing description (June 2023)

In the heart of the city where you can enjoy the pulsating vibrancy 24 hours a day, this one bedroom apartment in the dazzling Deco Tower is one that cant be ignored. Situated metres to QV shopping, State Library of Victoria, Melbourne Central shops and trains, RMIT University, Carlton Gardens, and trams at your door.

Accommodation: Youll never tire of this amazing location and unique art deco building which was once the Victoria Police headquarters. Inside, the relaxed and modern apartment features comfortable living zone, open kitchen with timber floors, stainless steel benchtop, tiled splashback, and Smeg stainless steel appliances including a microwave, gas stove and dish washer. Stylish bathroom with glass vanity, raised basin, and large walk-in shower, sizeable double bedroom with built in wardrobe and European laundry including washing machine.


Features: One secure car space, video intercom/security entry, building concierge and residents enjoy use of communal facilities including gymnasium, indoor pool, sauna, steam room, & garden BBQ area.

NOTE: image/s are indicative only and have been chosen to best reflect apartment advertised but may reflect a different apartment design.

*Please note this building may have an embedded network for one or more utility supplies.
For further information please speak to your Leasing Executive.

Property History for 702/340 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$399,000
18 Feb 2013
Listed for Rent
$520/w
09 Jun 2023
  • 08 Aug 2019
    Listed for Rent - Price not available
  • 12 Feb 2018
    Listed for Rent - Price not available
  • 04 Nov 2016
    Listed for Rent - Price not available
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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 64,246 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, 2769 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.