811/118 Russell StreetMelbourne VIC 3000
Property Details for 811/118 Russell St, Melbourne
811/118 Russell St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 1950. The property has a floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.
Last Listing description (October 2024)
This beautiful residence in the renowned Hero Building is perfectly situated in the Paris end of Melbourne. North-facing and bathed in natural light, and boasting soaring bedroom ceilings you will just love the sense of space on offer here.
Nestled in the heart of Melbourne's theatre district, this apartment provides unparalleled access to world-class entertainment, dining, and shopping, all just steps from your door. The sleek, modern design complements the building's historic charm, offering a perfect blend of elegance and contemporary style.
Featuring a thoughtfully designed bathroom with a separate bath and shower, offering both relaxation and convenience. Additionally, enjoy the practicality of a dedicated laundry, a rarity in the apartment space.
Situated in one of Melbourne's most renowned conversions, this apartment will excite those wanting it all. Formerly a modernist telephone exchange and post office, the Hero Apartments is a fascinating conversion for contemporary living by the notable architect Nonda Katsalidis.
With a dedication to sustainability, the building offers bicycle storage, rooftop solar panels, a worm farm, a charity bin, and a swap area.
The Hero building continues to capture the imagination of many and grace the Melbourne streetscape. A building with tremendous architectural merit, the perfect combination that has created an outstanding and proven City residential experience complete with a full-time building manager on-site.
Property History for 811/118 Russell St, Melbourne, VIC 3000
- 11 Oct 2024Sold for $680,000
- 23 Aug 2024Listed for Sale Under Offer
- 11 Apr 2023Listed for Rent $750 / 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 60,855 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.
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