OFF MARKET

908/118 Russell Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 66m2
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Last updated 16 Sep 2024
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Property Details for 908/118 Russell St, Melbourne

908/118 Russell St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 1950. The property has a floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
1950
Floor Size
66m2
Local Government
Melbourne
Lot/Plan
908A/PS428294

Last Listing description (February 2023)

Featuring a North Easterly corner aspect on level nine of highly regarded Hero Apartment complex. This spacious light filled, unfurnished two-bedroom apartment includes a generous open plan living area, with split system heating and cooling and floor to ceiling windows to a full width balcony.

The dedicated kitchen area includes ample storage space, Smeg gas cooking & dishwasher, black stone bench tops and an adjoining separate laundry. Both bedrooms have built in robes and windows, serviced by a stylish tiled bathroom, with marble finishes, bath and a large shower.

Additional features include a basement carparking space on title, secure intercom entry into the beautiful building foyer and lift access.

A superb top end of town position on the corner of Russell and Little Collins Street, with trams, trains, theatres, boutique shopping, restaurants, China Town, Burke Street Mall, Federation Square and amazing laneways all within easy access.

Use this link to APPLY NOW!! - https://our.property/ZyD3

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Property History for 908/118 Russell St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$665,000
19 Nov 2022
Listed for Rent
$649/w
13 Feb 2023
  • 25 Jan 2023
    Listed for Rent $650 / week
  • 19 Nov 2022
    Sold for $665,000
  • 27 Oct 2022
    Listed for Sale $640,000 - $700,000
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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 61,329 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 275 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2039 properties were sold in the past 12 months in Melbourne.

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