OFF MARKET

1605/318 Russell Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 45m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 1605/318 Russell St, Melbourne

1605/318 Russell St, Melbourne is a 1 bedroom, 1 bathroom House and was built in 2014. The property has a floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in September 2018.

Building Type
House
Year Built
2014
Floor Size
45m2
Local Government
Melbourne
Lot/Plan
1605/PS720256

Last Listing description (September 2024)

Cutting edge design combines with dazzling spaces to create a new benchmark of CBD living in the exciting Abode318 development.

Just a stroll from an endless array of entertainment, boutique shopping and fine dining options as well as Melbourne Central, Queen Victoria Market.

Introduced by a luxurious foyer with security and concierge, come home to relax and be greeted by sweeping views across Carlton Gardens and sparkly city lights through floor-to-ceiling double glazed windows.

Enjoy a spacious open-plan living and dining plus Caesar stone kitchen with Miele appliances and glass splashbacks, vogue bathroom, euro laundry, ducted reverse-cycle heating and cooling and video intercom.

Property History for 1605/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$440,000
26 Sep 2018
Listed for Rent
$530/w
26 Jun 2023
  • 25 Jun 2024
    Listed for Rent $630 / week
  • 05 Jun 2023
    Listed for Rent $530 / week
  • 24 May 2022
    Listed for Rent $425 / week
Sign in to see more transactions

Commute Calculator

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 60,821 properties. Over the last 5 years, Houses in Melbourne have seen a 12.01% increase in median value, while Units have seen a -3.92% decrease. As at 31 October 2024:

  • The median value for Houses in Melbourne is $1,371,910 while the median value for Units is $452,109.
  • Houses have a median rent of $580 while Units have a median rent of $650.
There are currently 328 properties listed for sale, and 286 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2128 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

Market Insights
Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.