1405/318 Russell StreetMelbourne VIC 3000
Property Details for 1405/318 Russell St, Melbourne
1405/318 Russell St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2014. The property has a land size of 51m2. While the property is not currently for sale or for rent, it was last sold in May 2019.
Last Listing description (August 2024)
Splashed with contemporary luxury and promising outstanding views of the surrounding CBD, this inspired one-bedroom Abode apartment with great space is the height of luxury in the heart of the world's most liveable city.
A superb open plan layout and high-end fittings and fixtures define this superb retreat, which enjoys a spacious and bright central living and dining zone which gets warm morning sun. This central hub oozes out to an east-facing balcony, which is a fantastic alfresco space that takes in amazing views and is great if you just want to get some fresh air or partake in relaxed summer meals and drinks.
The kitchen promises a quality stone benchtop along with stainless steel Miele appliances including an integrated dishwasher. The bedroom shares the superb east views and features a built-in robe, while just steps away is the sumptuous bathroom. Other extras include a European laundry, ducted heat/cool, double glazed windows, LED downlights, Foxtel and NBN ready, and secure intercom. This apartment is also a great investment and enjoys a high rental yield.
You also have access to facilities including a 24-hr concierge, fully-equipped gym, indoor heated swimming pool, sauna, stream room, BBQ terrace, meeting room, private dining room and lounge area. Moments to QV Melbourne, Melbourne Central, RMIT University, Carlton Gardens, an array of brilliant city shops, restaurants, and bars, and trams in the free zone.
Property History for 1405/318 Russell St, Melbourne, VIC 3000
- 04 Jun 2024Listed for Sale $415,000
- 18 Oct 2023Listed for Sale $415,000
- 31 May 2019Sold for $435,000
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0About 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 2011 was 28,370 people. By 2016 the population was 47,293 showing a population growth of 66.7% 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 2011, 34.7% of the homes in Melbourne were owner-occupied compared with 29% in 2016.
Melbourne has 61,317 properties. Over the last 5 years, Houses in Melbourne have seen a 39.04% increase in median value, while Units have seen a -0.03% decrease. As at 31 July 2024:
- The median value for Houses in Melbourne is $1,620,620 while the median value for Units is $451,754.
- Houses have a median rent of $600 while Units have a median rent of $640.
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