708/18 Russell Place, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

708/18 Russell Place
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Last updated 22 Dec 2025
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Property Details for 708/18 Russell Pl, Melbourne

708/18 Russell Pl, Melbourne is a 2 bedroom, 2 bathroom Unit and was built in 2010. While the property is not currently for sale or for rent, it was last sold in January 2010.

Building Type
Unit
Year Built
2010
Local Government
Melbourne
Lot/Plan
708/PS624001

Last Listing description (January 2021)

PRIME RENTAL LOCATION

Two bedrooms with each room having its own bathroom. Furnished with double bed in the each room. Built-in wardrobes.

Located right in the heart of the city, just off Bourke Street Mall. Close to RMIT, Victoria University to name a few. Shops, Restaurants and cafes at your door.


Includes:
Carpet flooring
Heating and cooling
Dishwasher
Oven
Washing machine
Furniture

Property History for 708/18 Russell Pl, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$445,000
02 Jan 2010
  • 13 Nov 2020
    Listed for Rent $350
  • 26 Sep 2017
    Listed for Rent - Price not available
  • 18 May 2017
    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 64,229 properties. Over the last 5 years, Houses in Melbourne have seen a -25.47% decrease in median value, while Units have seen a -3.96% decrease. As at 30 November 2025:

  • The median value for Houses in Melbourne is $1,033,829 while the median value for Units is $440,645.
  • Houses have a median rent of $635 while Units have a median rent of $660.
There are currently 252 properties listed for sale, and 232 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2748 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.