SOLD
Sold on 10 Jun 2024 for $570,000

5106/318 Russell Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 65m2
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Property Details for 5106/318 Russell St, Melbourne

5106/318 Russell St, Melbourne is a 2 bedroom, 2 bathroom Unit and was built in 2014. The property has a floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
65m2
Local Government
Melbourne
Lot/Plan
5106/PS720256

Last Listing description (October 2023)

- Furnished 2 bedroom with built in robe
- Open plan living and dining area
- Bright lounge area with an amazing view

- Modern kitchen with plenty of storage space complete with stainless steel appliances
- Stylish bathroom
- Separate laundry area

Step into the comfort of this fully furnished 2-bedroom apartment, complete with built-in robes for added convenience. The thoughtfully designed space offers a perfect blend of functionality and style. As you enter, you're welcomed by an open-plan living and dining area. The seamless integration of these spaces creates a sense of roominess, making it perfect for both relaxation and entertainment. The living area is bathed in natural light, with expansive windows offering a captivating view of the surroundings. Imagine enjoying your morning coffee or unwinding in the evening while taking in the breathtaking cityscape.

The kitchen is a culinary haven, featuring a modern design with plenty of storage space and top-of-the-line stainless steel appliances including oven and dishwasher. Whether you're a gourmet chef or just enjoy whipping up simple meals, this kitchen has you covered. There's a separate laundry area, ensuring that the practical aspects of life are seamlessly integrated into your living space.

This perfectly located apartment cannot get any better than this and it is all about convenience. With our current busy lifestyle, convenience is what we all need. Located within walking distance to QV, Melbourne Central Station, tram stop, Chinatown, RMIT University, restaurants literally right outside your doorstep. The perfect apartment to move right into.

Property History for 5106/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$570,000
10 Jun 2024
Listed for Rent
$680/w
24 Oct 2023
  • 10 Jun 2024
    Sold for $570,000
  • 20 Sep 2023
    Listed for Rent $680 / week
  • 02 Aug 2021
    Listed for Rent $430 / 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, 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.