703/340 Russell StreetMelbourne VIC 3000
Property Details for 703/340 Russell St, Melbourne
703/340 Russell St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 4534m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (October 2023)
Situated amongst Melbourne's historical buildings at the top of Russell Street. This bright, open-plan apartment boasts a modern kitchen with Smeg appliances, inbuilt microwave oven and all the fittings, including laundry recess, study area and a spacious bedroom with built-in robes. An elegant bathroom has a roomy, contemporary shower, and there is intelligent storage-space throughout. Warm colors and privacy amidst the exciting hustle and bustle of the CBD, with great views of city, and an underground parking space, though you'll have easy access to all of Melbourne's exceptional public transport!
Property History for 703/340 Russell St, Melbourne, VIC 3000
- 03 Aug 2023Sold for $485,000
- 30 Jun 2023Listed for Sale Private Sale
- 18 Nov 2020Listed for Rent $425 / week
Recent sales nearby
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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 64,239 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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