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3404/318 Russell Street, Melbourne$535,000

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For Saleapartment

3404/318 Russell Street

Melbourne, VIC 3000, Australia

$520,000 – $550,000

2 bed 1 bath

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About this property

Positioned on the 34th floor of the iconic Abode 318 tower, Apartment 3404/318 Russell Street presents an excellent opportunity to secure a modern city residence or smart investment in the heart of Melbourne. The apartment features a bright open-plan living and dining area with floor-to-ceiling windows, a sleek kitchen with quality appliances, a comfortable bedroom with built-in robes, and a contemporary bathroom. Residents enjoy access to premium facilities including a gym, indoor pool, sauna and resident lounge, along with secure entry and concierge service. Perfectly located opposite State Library Victoria and moments from RMIT University, Melbourne Central Shopping Centre, restaurants, cafes and public transport, this apartment offers the ultimate inner-city lifestyle.

Property Details

Property Type: apartment
Listing Type: For Sale
Bedrooms: 2
Bathrooms: 1
Listed: 3 months ago

Repayment calculator

$2,594/month

$1,297 /fortnight

Loan $428,000 at 6.10% over 30 years

Upfront costs

Deposit$107,000

Stamp duty$27,170

Conveyancing (est.)$2,000

Total upfront$136,170

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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Melbourne

This 2-bedroom apartment in Melbourne, VIC 3000 sits within reach of public transport, local shops and nearby schools. It is listed 10% above the $485,000 median of 74 comparable apartmentswithin 5 km.

Schools near Melbourne

Eltham College - Lonsdale Street Campuscombined
Melbourne Grammar Schoolcombined · Prep-12 · CoEd
Melbourne Grammar School - Wadhurst Campuscombined
Victorian College For The Deafcombined · U · CoEd
Wesley Collegecombined · Prep-12 · CoEd
Holmes Grammar Schoolsecondary · 11-12

What's nearby

Melbourne Central rail replacement stop (bus) — 288 m away
7-Eleven — 467 m away
Wesley Place Urban Park — 118 m away
University Lawn — 169 m away
Unnamed — 217 m away

Melbourne at a glance

Full suburb profile

Population: 54,941
Median age: 29
Household income: $1,448/wk
Median rent: $381/wk
Median mortgage: $1,800/mo

Source: ABS Census.

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