409/118 Russell StreetMelbourne VIC 3000
Property Details for 409/118 Russell St, Melbourne
409/118 Russell St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2001. The property has a floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
Last Listing description (July 2021)
Deadline sale (if not sold prior) Thursday 15th April at 12pmA rare opportunity for entry into the esteemed heritage listed Hero Apartments building.- Melbourne's Paris End living at its best- Built in 1954 converted to residences in 2002- Former Telephone Exchange and Post Office- Freshly painted throughout- Open plan living and dining area - Spacious 65sqm floorplan - East-facing Juliet balcony - Generous main bedroom with BIRs- Second bedroom/home office/study- Keyless entry with dual access from Russell and Little Collins Street - Heating and cooling for year round comfort- Community and sustainability minded building with fantastic initiatives in place- The Hero Apartments, Nonda Katsalidis conversionIdeally situated moments to Melbourne's best restaurants, famed shopping, cafes and laneway culture, within the free tram zone and easy access to parks and gardens. Whilst every care is taken to ensure accuracy of the sizes, plans and information contained herein no guarantees or warranties are given. Clients are required to make their own investigations, carefully check the formal legal documentation and seek independent professional legal advice.
Property History for 409/118 Russell St, Melbourne, VIC 3000
- 16 Apr 2021Sold for $485,000
- 18 Mar 2021Listed for Sale Dadline Sale (unless sold prior)
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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 60,864 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.
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