901/340 Russell Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

901/340 Russell Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 66m2
Land area: 4534m2
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Property Details for 901/340 Russell St, Melbourne

901/340 Russell St, Melbourne is a 2 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 66m2. While the property is not currently for sale or for rent, it was last sold in October 2007.

Building Type
Unit
Year Built
1943
Floor Size
66m2
Land Size
4534m2
Local Government
Melbourne
Lot/Plan
901D/PS501388

Last Listing description (June 2025)

Set within one of Melbourne's iconic heritage buildings, this expansive apartment blends historic charm with modern convenience. Flooded with natural light and offering sweeping city views, it's perfectly positioned just a short walk from the State Library, Melbourne Central, and the vibrant dining and cultural scene of Lygon Street.

The apartment features an open-plan living area with polished timber floors and a functional kitchen equipped with stainless steel appliances, including a microwave, dishwasher, and fridge. The master bedroom is spacious and includes built-in robes, while the second bedroom offers two private terrace spaces and additional storage. A large adjoining terrace comes complete with an outdoor setting, ideal for entertaining.

Additional highlights include a modern bathroom with ample storage, an internal laundry with a washing machine and dryer, fresh paint and new carpet throughout, and a peaceful aspect with impressive city views. A secure car space and plenty of internal storage further enhance the convenience of this home.

Residents enjoy access to premium building amenities, including a swimming pool, spa, sauna, steam room, gym, BBQ area, and the comfort of a 24-hour concierge service. This is a rare opportunity to live in style and comfort in the heart of Melbourne.

**TO BOOK A TIME TO INSPECT, SIMPLY CLICK REQUEST A TIME. IF NO INSPECTION TIMES ARE AVAILABLE, PLEASE ENTER YOUR DETAILS AND YOU WILL BE NOTIFIED WHEN THE NEXT ONE IS AVAILABLE**

Property History for 901/340 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$415,000
26 Oct 2007
Listed for Rent
24 Jun 2025
  • 25 May 2025
    Listed for Rent $650 / week
  • 06 Apr 2021
    Listed for Rent $450 / week
  • 09 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 64,269 properties. Over the last 5 years, Houses in Melbourne have seen a -6.38% decrease in median value, while Units have seen a -4.97% decrease. As at 31 March 2026:

  • The median value for Houses in Melbourne is $1,346,319 while the median value for Units is $439,159.
  • Houses have a median rent of $700 while Units have a median rent of $672.
There are currently 273 properties listed for sale, and 170 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2687 properties were sold in the past 12 months in Melbourne.

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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.