OFF MARKET

103/340 Russell Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
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Last updated 16 Sep 2024
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Property Details for 103/340 Russell St, Melbourne

103/340 Russell St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1943. The property has a floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Year Built
1943
Floor Size
57m2
Local Government
Melbourne
Lot/Plan
103D/PS501388

Last Listing description (July 2021)

Situated within the former Russell Street headquarters of the Victoria Police, this charming two bedroom Art Deco property personifies sophisticated city lifestyle within an enviably historic locale.

Conveniently close to Melbourne Central Station, Lygon street restaurants, Melbourne University, China town and adjacent to the 'Paris End' dining and shopping district.

Features include two bedrooms with built in robes, large sparkling central bathroom, open plan living and dining area, an excellent modern kitchen with stainless steel appliances and quality fittings throughout.

Beyond the apartment, this property is complimented with first class resort style facilities that include a well equipped gym, large 2 lane lap pool, sauna and beautiful shared garden areas with umbrellas and bbq.

Properties within this building are seldom available. This property has enjoyed the same owner through out its lifetime and has been immaculately maintained.

Property History for 103/340 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$560,000
25 May 2021
Listed for Rent
$400/w
01 Apr 2021
  • 25 May 2021
    Sold for $560,000
  • 21 Apr 2021
    Listed for Sale $550,000 - $600,000
  • 27 Jan 2021
    Listed for Rent $475 / week
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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 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 61,329 properties. Over the last 5 years, Houses in Melbourne have seen a 33.57% increase in median value, while Units have seen a 2.46% increase. As at 31 August 2024:

  • The median value for Houses in Melbourne is $1,218,497 while the median value for Units is $465,019.
  • Houses have a median rent of $600 while Units have a median rent of $645.
There are currently 301 properties listed for sale, and 275 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2039 properties were sold in the past 12 months in Melbourne.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.