OFF MARKET

2003/318 Russell Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 66m2
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Last updated 16 Sep 2024
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Property Details for 2003/318 Russell St, Melbourne

2003/318 Russell St, Melbourne is a 2 bedroom, 2 bathroom Unit and was built in 2014. The property has a floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in December 2012.

Building Type
Unit
Year Built
2014
Floor Size
66m2
Local Government
Melbourne
Lot/Plan
2003/PS720256

Last Listing description (September 2024)

UNFURNISHED two bedroom at the highly anticipated Abode' complex. In a convenient location with close proximity to QV, Melbourne Central, public transport, Chinatown plus so much more! Positioned on the 20th floor and with quality fittings throughout, open plan living/dining area with air-conditioning and heating, further leading to private balcony with a great views towards Carlton Gardens. Modern kitchen with stone bench tops, plenty of storage space, Miele appliances including electric oven, gas cook top and dish washer. Excellent sized bedroom with mirrored built in wardrobes, master with ensuite. Sparkling bathroom with mirror cabinet over vanity and concealed laundry facilities. Features include one secure under cover car space, security key entry with intercom, building is NBN ready and residents enjoy use of fantastic communal facilities including lap pool, well equipped gymnasium, spa, sauna, games room and sky lounge.

Property History for 2003/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$700,500
12 Dec 2012
Listed for Rent
$800/w
30 Aug 2023
  • 29 Jul 2024
    Listed for Rent $740 / week
  • 15 Jun 2023
    Listed for Rent $800 / week
  • 23 Jul 2020
    Listed for Rent $440 / 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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