706/118 Russell StreetMelbourne VIC 3000
Property Details for 706/118 Russell St, Melbourne
706/118 Russell St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 1995. 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 June 2024.
Last Listing description (April 2021)
**ARRANGE AN INSPECTION TIME ONLINE-DETAILS BELOW**
Superbly located in the heart of the CBD on the corner of Russell and Little Collins Streets, you will be spoilt for choice with an array of shopping options, transport, cafes, bars, and restaurants right at your doorstep.
This unfurnished one bedroom plus study or second bedroom apartment boasts an open plan living/dining area with an abundance of natural light and electric wall heater, sleek kitchen with ample cupboard space, dishwasher and granite benches, designer bathroom with separate shower and bath tub, and main bedroom with built in robes and heating.
Building features secure intercom entry.
Arranging an inspection is simple!
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Property History for 706/118 Russell St, Melbourne, VIC 3000
- 10 Jun 2024Sold for $601,500
- 19 Jul 2019Listed for Rent $470 / week
- 16 Jun 2015Listed for Rent $450 / 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 64,328 properties. Over the last 5 years, Houses in Melbourne have seen a 5.76% increase in median value, while Units have seen a -4.47% decrease. As at 30 April 2026:
- The median value for Houses in Melbourne is $1,457,082 while the median value for Units is $442,735.
- Houses have a median rent of $700 while Units have a median rent of $675.
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