Back 5106/318 Russell St
Off Market

5106/318 Russell St

Melbourne VIC 3000

2
2
Apartment
Last sold for $592,000
Sophia ZhuSophia Zhu, last sold this property on 27 March 2026 after 51 days on market.

Overview

Luxury 51stFloor Designer Apartment with Iconic City Views in the Heart of Melbourne CBD

Positioned in a truly exceptional location where you can feel the vibrant pulse of the Melbourne CBD 24/7, this immaculate and ultra-stylish two-bedroom, two-bathroom apartment in the luxurious Abode building delivers sleek designer living and breathtaking 51st-floor city views. Bathed in magnificent natural light, the apartment features a spacious open-plan living and dining area that sets the benchmark for sophisticated inner-city living. Expansive east-facing views stretch across Carlton Gardens and the Royal Exhibition Building, creating a spectacular outlook by day and night. The flawless kitchen is appointed with stunning stone benchtops, a breakfast bar, and premium Miele stainless steel appliances, perfect for both everyday living and entertaining. Timber flooring flows throughout the entire apartment, enhancing the modern and luxurious feel. The main bedroom includes built-in robes and enjoys spectacular city views, while the second bedroom is versatile and can be used as a bedroom or study. Both bathrooms are sleek and contemporary, complemented by European laundry facilities. Additional features include ducted heating and cooling, double-glazed windows, LED downlights, secure intercom entry, and the apartment is Foxtel and NBN ready. Residents enjoy exclusive access to world-class facilities on Level 9 and Level 55, including a 24-hour concierge, fully equipped gym, indoor heated swimming pool, spa, sauna, steam room, BBQ terrace, meeting room, private dining room, and elegant lounge areas. Perfectly positioned moments from QV Melbourne, Melbourne Central and its train station, RMIT University, the State Library of Victoria, Lygon Street restaurants, the theatre district, free trams, and Parliament Station, this apartment offers an unbeatable lifestyle in the heart of the city.

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 5106/318 Russell St is $545.35k.

Median value
$545.35k
Estimated value range
$230k - $2.95m
Median days on market
48
Estimated value trend
-1%
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 5106/318 Russell St

2026
Sold
$592,000
Private Sale/Treaty on 27 Mar 2026 by Sophia Zhu, of Melcorp Real Estate City Central
2024
Sold
$570,000
Private Sale/Treaty on 10 Jun 2024
2019
Rented
Undisclosed
Leased on 21 Feb 2019 by Melcorp Real Estate City Central

Happy sellers in Melbourne

84%
84% 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 133 reviews in Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in Melbourne

In the last 12 months, 812 two-bedroom apartments similar to 5106/318 Russell St, have been sold.

This represents a 11% increase in two-bedroom apartments sales when compared to the previous 12 months.

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