SOLD
Sold on 15 May 2024 for $1,370,000

5101/318 Russell Street
Melbourne VIC 3000

Bedrooms: 3
Bathrooms: 2
Car spaces: -
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Property Details for 5101/318 Russell St, Melbourne

5101/318 Russell St, Melbourne is a 3 bedroom, 2 bathroom Unit and was built in 2014. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2014
Local Government
Melbourne
Lot/Plan
5101/PS720256

Last Listing description (January 2023)

Abode318 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.

WHITEGOODS INCLUDED (Fridge, washing machine, and dryer)


This rare apartment has 3 bedrooms + study, 2 bathrooms, and a carpark

- Cleverly designed open plan, comprises:
- Floor-to-ceiling windows throughout offering spectacular garden view
- Well-equipped kitchen with Miele appliances including dishwasher
- Caesar stone bench tops
- Double-glazed reflective windows
- Reverse cycle heating and cooling
- LED downlights
- 24-hour concierge and Building Security

Includes free use of onsite facilities including:
- Fully equipped gymnasium
- Indoor heated swimming pool
- Sauna and steam room
- BBQ terrace
- Meeting room, private dining room & lounge area

*** Photos are for advertising purposes only ***

* TO AVOID DISAPPOINTMENT, PLEASE REGISTER TO INSPECT THIS PROPERTY *

Applications are to be submitted via '2Apply'. Please click "get in touch" or "email agent" to receive an application link.

Property History for 5101/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$1,370,000
15 May 2024
Listed for Rent
$1.08k/w
24 Jan 2023
  • 15 May 2024
    Sold for $1,370,000
  • 08 Dec 2021
    Listed for Rent $830 / week
  • 18 Feb 2013
    Sold for $1,339,999

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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, 2079 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.