Back 1405/318 Russell St
Off Market

1405/318 Russell St

Melbourne VIC 3000

1
1
51.3 m²
Apartment
Last sold for $435,000
Sophia ZhuSophia Zhu, last sold this property on 27 May 2019 after 33 days on market.

Overview

This Stunning 'Abode' Pad is a Sleek CBD Winner!

Splashed with contemporary luxury and promising outstanding views of the surrounding CBD, this inspired one-bedroom Abode apartment with great space is the height of luxury in the heart of the world's most liveable city. A superb open plan layout and high-end fittings and fixtures define this superb retreat, which enjoys a spacious and bright central living and dining zone which gets warm morning sun. This central hub oozes out to an east-facing balcony, which is a fantastic alfresco space that takes in amazing views and is great if you just want to get some fresh air or partake in relaxed summer meals and drinks. The kitchen promises a quality stone benchtop along with stainless steel Miele appliances including an integrated dishwasher. The bedroom shares the superb east views and features a built-in robe, while just steps away is the sumptuous bathroom. Other extras include a European laundry, ducted heat/cool, double glazed windows, LED downlights, Foxtel and NBN ready, and secure intercom. This apartment is also a great investment and enjoys a high rental yield. You also have access to facilities including a 24-hr concierge, fully-equipped gym, indoor heated swimming pool, sauna, stream room, BBQ terrace, meeting room, private dining room and lounge area. Moments to QV Melbourne, Melbourne Central, RMIT University, Carlton Gardens, an array of brilliant city shops, restaurants, and bars, and trams in the free zone.

Features

1 bedroom
1 bathroom
51.3 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Melbourne over the last 12 months, the estimated median property value of 1405/318 Russell St is $350k.

Median value
$350k
Estimated value range
$39k - $935k
Median days on market
36
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1405/318 Russell St

2025
Rented
Undisclosed
Leased on 13 Mar 2025 by Melcorp Real Estate City Central
2019
Sold
$435,000
27 May 2019 by Sophia Zhu, of Melcorp Real Estate City Central
2018
Sold
$430,000
27 Aug 2018 by Mark Reuben, of Pagan Real Estate

Happy sellers in Melbourne

83%
83% of sellers in Melbourne reported that their sale price either exceeded or met their price expectations.

Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 128 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 612 one-bedroom apartments similar to 1405/318 Russell St, have been sold.

This represents a 7% increase in one-bedroom apartments sales when compared to the previous 12 months.

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