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.
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.
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:
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