1209/118 Russell StreetMelbourne VIC 3000
Property Details for 1209/118 Russell St, Melbourne
1209/118 Russell St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 1950. The property has a land size of 1201m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.
Last Listing description (July 2024)
*** Gas hot water & gas cooking included in rent***
Look no further than this generous, 68sqm 1 bedroom PLUS study located in the highly-regarded Hero apartment complex, corners Russell and Little Collins Streets. Perched high on the 12th floor, this dynamic apartment has a magnificent North-facing living room that opens out to a private balcony with stunning views across Bourke Street and beyond. Live mere footsteps away from a plethora of restaurants, boutique shops, cafes, supermarkets, public transport and all the delights that vibrant Melbourne has to offer.
Security entrance and impressive foyer set the tone for a one bedroom floor-plan of generous proportions, fitted and finished with an evident emphasis on flair. A living/dining area featuring balcony views over the city streetscape are complemented by a gleaming dark granite kitchen with gas cooking, dishwasher and tonnes of storage. A double bedroom with BIRs and big bright windows is served by bathroom featuring a marble vanity and shower. The separate study space adds further appeal to those that work from home.
Property History for 1209/118 Russell St, Melbourne, VIC 3000
- 02 Jun 2024Sold for $765,000
- 05 Mar 2024Listed for Rent $720 / week
- 18 Jun 2021Listed for Rent $400 / 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 61,354 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.
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