Back 3106/318 Queen St
Off Market

3106/318 Queen St

Melbourne VIC 3000

2
2
Apartment
Last sold for $570,000
Janice LamJanice Lam, last sold this property on 17 August 2026 after 31 days on market.

Overview

The Brief: Resort-Style CBD Living in Prestigious Paragon

It's Addressed: Positioned high within the acclaimed Paragon building, this stylish two-bedroom, two-bathroom apartment delivers contemporary luxury in one of Melbourne's most sought-after residential addresses. Timber flooring flows throughout the open-plan living and dining zone, complemented by a sleek modern kitchen featuring stone benchtops, quality stainless steel appliances and generous storage. Designed with both comfort and functionality in mind, the well-considered floorplan creates an inviting space for everyday living and entertaining. Both bedrooms are generously proportioned, with mirrored built-in robes, while two beautifully appointed bathrooms offer stylish finishes and excellent storage solutions. The result is a residence that balances practicality with sophisticated inner-city living. Residents of Paragon enjoy access to an exceptional collection of resort-style amenities, including a fully equipped gymnasium, heated indoor swimming pool, two spas and sauna. Exclusive resident facilities also include a private dining room, lounge areas, library, theatre and beautifully landscaped communal spaces, creating a lifestyle rarely found in the heart of the city. Located on the corner of Queen and La Trobe Streets, Paragon places Melbourne's finest attractions at your doorstep. Enjoy easy access to Queen Victoria Market, Melbourne Central, Emporium Melbourne, Flagstaff Gardens, leading universities and an extensive network of trams and trains, making this an outstanding opportunity for owner-occupiers and investors alike. Features: - Two bedrooms with BIR - Two stylish bathrooms - Split system heating and cooling - Timber flooring throughout living areas - Modern kitchen with stone benchtops - Stainless steel appliances - Excellent bathroom storage - European laundry - Secure residential building - Heated indoor swimming pool - Two spas and sauna - Fully equipped gymnasium - Residents' dining room and lounge - Library, theatre and communal garden areas - Premier CBD location within the Paragon development For more Real Estate in Melbourne contact your Area Specialist. Disclaimer: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers/renters are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Features

2 bedrooms
2 bathrooms
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Melbourne over the last 12 months, the estimated median property value of 3106/318 Queen St is $547.27k.

Median value
$547.27k
Estimated value range
$237k - $3m
Median days on market
47
Estimated value trend
0%
decrease 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 3106/318 Queen St

2026
Sold
$570,000
Private Sale/Treaty on 17 Aug 2026 by Janice Lam, of Area Specialist Dynamic
2026
Rented
Undisclosed
Leased on 14 Jan 2026 by Dynamic Residential
2019
Sold
$761,900
20 Sep 2019 by Tony Kenna, of VICPROP – CBD

Happy sellers in Melbourne

86%
86% 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 119 reviews in Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in Melbourne

In the last 12 months, 788 two-bedroom apartments similar to 3106/318 Queen St, have been sold.

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

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