SOLD
Sold on 26 Mar 2024 for $430,000

4904/318 Russell Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 45m2
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Sold By
Eddie Zhu
VICPROP Hawthorn
Max Pang
VICPROP Hawthorn
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Property Details for 4904/318 Russell St, Melbourne

4904/318 Russell St, Melbourne is a 1 bedroom, 1 bathroom Unit 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 March 2024. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
45m2
Local Government
Melbourne
Lot/Plan
4904/PS720256

Last Listing description (May 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 city's 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

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Property History for 4904/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$430,000
26 Mar 2024
Listed for Rent
$600/w
07 Feb 2023
  • 26 Mar 2024
    Sold for $430,000
  • 02 Oct 2023
    Listed for Sale Not Disclosed
  • 06 Sep 2021
    Listed for Rent $400 / 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 61,354 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 261 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2070 properties were sold in the past 12 months in Melbourne.

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