SOLD
Sold on 03 Jul 2024 for $457,500

4603/318 Russell Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 4603/318 Russell St, Melbourne

4603/318 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 July 2024. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2014
Local Government
Melbourne
Lot/Plan
4603/PS720256

Last Listing description (July 2024)

One of Melbourne most prestigious new buildings located on the absolute fringe of Melbourne's CBD. The original blue stone brewery walls are preserved and blended with the modern tower and luxury living spaces above. Enjoy some of Melbourne's best facilities and lifestyle, right at your door step. Come and enjoy hotel style living with high quality furniture on a daily basis.

Abode 318 is located in the heart of Melbourne CBD, opposite the State Library and QV, within walking distance to RMIT University, University of Melbourne, Chinatown, Carlton Garden, and the citys major transport hubs including Melbourne Central Station and Swanston Street Trams. It is the perfect place for students and working professionals alike.

This 1 bedroom 1 bathroom apartment cleverly designed open plan, comprises:

Floor-to-ceiling windows throughout offering spectacular garden view Well-equipped kitchen with Miele appliances including dishwasher Fridge, washer/dryer, and oven provided Caesar stone bench tops Double-glazed reflective windows Reverse cycle heating and cooling LED down lights 24-hour concierge and Building Security Foxtel & NBN ready

INCLUDES FREE USE of onsite facilities:

Fully Equipped Gymnasium Indoor Heated Swimming Pool BBQ Terrace Sauna and Steam room Meeting Room Private Dining Room & Lounge Area

Looking for your next home or perfect investment property? This is it!

For further information or private inspection, please contact Max Pang from Vicprop: 0478 354 321

Property History for 4603/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$457,500
03 Jul 2024
Listed for Rent
$430/w
22 Nov 2021
  • 03 Jul 2024
    Sold for $457,500
  • 06 Jun 2024
    Listed for Sale Under Offer
  • 03 Jun 2024
    Sold for $457,500
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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 61,317 properties. Over the last 5 years, Houses in Melbourne have seen a 39.04% increase in median value, while Units have seen a -0.03% decrease. As at 31 July 2024:

  • The median value for Houses in Melbourne is $1,620,620 while the median value for Units is $451,754.
  • Houses have a median rent of $600 while Units have a median rent of $640.
There are currently 288 properties listed for sale, and 269 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2031 properties were sold in the past 12 months in Melbourne.

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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.