OFF MARKET

4308/318 Russell Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 16 Dec 2024
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Property Details for 4308/318 Russell St, Melbourne

4308/318 Russell St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2014. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
Unit
Year Built
2014
Local Government
Melbourne
Lot/Plan
4308/PS720256

Last Listing description (March 2024)

Standing tall and glistening against the city skyline, Abode is Melbourne's luxury apartment tower boasting 5-star hotel-style facilities close to the finest shopping and dining that the city has to offer.

Designed to cater for discerning professionals, come home to inspiring 43rd floor views across Carlton Gardens and the bustle of the city below, all enjoyed through full-height glazing, complemented by high ceilings.


Fitted with Miele appliances, the Caesarstone kitchen sits open with the living and meals, joined by a spacious double bedroom with built-in robe, vogue bathroom, euro laundry and ducted heating/air-conditioning.

A remarkable lifestyle awaits on the 9th floor and the 55th floor Skydeck with an infinity pool, steam room, sauna, fully-equipped gyms, games room, alfresco zone, and a private dining room with kitchen.

Step beyond the foyer with 24 hour concierge/security, out to Melbourne Central, QV, Lygon Street and Brunswick Street for inspired dining and fashion.

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Property History for 4308/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$460,000
10 Jan 2023
  • 10 Jan 2023
    Sold for $460,000
  • 30 Aug 2022
    Listed for Sale Private Sale
  • 14 Oct 2014
    Sold for $450,000

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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 61,547 properties. Over the last 5 years, Houses in Melbourne have seen a 14.85% increase in median value, while Units have seen a -3.54% decrease. As at 30 November 2024:

  • The median value for Houses in Melbourne is $1,252,430 while the median value for Units is $449,245.
  • Houses have a median rent of $588 while Units have a median rent of $650.
There are currently 386 properties listed for sale, and 339 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2217 properties were sold in the past 12 months in Melbourne.

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