SOLD
RECENT ADVICE
Sold on 25 Oct 2024 for $1,255,000

5302/318 Russell Street
Melbourne VIC 3000

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 114m2
Sold By
Core Realty
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Property Details for 5302/318 Russell St, Melbourne

5302/318 Russell St, Melbourne is a 3 bedroom, 2 bathroom Unit and was built in 2014. The property has a floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
114m2
Local Government
Melbourne
Lot/Plan
5302/PS720256

Last Listing description (November 2024)

Experience unparalleled luxury in this exquisite 'Abode' apartment on Level 53. Boasting a large open plan dining/living area with floor-to-ceiling windows, enjoy breathtaking views of the Melbourne skyline from east to west. The spacious kitchen features Miele appliances, an island bench, and ample pantry space. Relax on the enclosed balcony, perfect for entertaining or unwinding.

The master bedroom includes a built-in robe and ensuite, while the second bedroom has a walk-in robe, and the third bedroom features a built-in robe. Each bedroom offers stunning views through its windows. The main bathroom includes a bath, and a separate laundry adds convenience. Additional highlights include ducted heating/cooling and intercom entry.

Residents of 'Abode' enjoy 5-star hotel-style amenities, including a black granite infinity-edged swimming pool, spa, sauna, steam room, BBQ terrace, meeting rooms, dining and lounge areas, and a fully equipped gymnasium with panoramic city views. Peace of mind is assured with a 24-hour concierge and building security.

Perfectly positioned in the heart of Melbourne CBD, opposite the State Library, this location provides unrivaled access to premier shopping, dining, and entertainment. With tram stops just downstairs and Melbourne Central Station moments away, convenience and luxury are at your doorstep. Walking distance to RMIT, University of Melbourne, Chinatown, Carlton Gardens, and the city's major transport hubs, this apartment offers the ultimate urban lifestyle.

Property History for 5302/318 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$1,255,000
25 Oct 2024
Listed for Rent
$900/w
16 Dec 2020
  • 25 Oct 2024
    Sold for $1,255,000
  • 09 Oct 2024
    Listed for Sale $1,255,000
  • 04 Nov 2019
    Listed for Rent $900 / 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 60,857 properties. Over the last 5 years, Houses in Melbourne have seen a 12.01% increase in median value, while Units have seen a -3.92% decrease. As at 31 October 2024:

  • The median value for Houses in Melbourne is $1,371,910 while the median value for Units is $452,109.
  • Houses have a median rent of $580 while Units have a median rent of $650.
There are currently 309 properties listed for sale, and 287 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2116 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.