Melbourne VIC 3000, Australia
Also written as Unit 405, 118 Russell Street.
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Based on the comparable property evidence currently available.
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 16 Apr 2010 | $372,500 | — |
405/118 Russell Street is a unit situated in Melbourne’s central business district. The property is part of a multi‑dwelling development typical of inner‑city living
The unit features two bedrooms and one bathroom, providing a compact yet comfortable layout. This configuration is well suited to professionals or small households seeking city proximity
The unit sits on a land parcel measuring approximately 1,209 m². This sizeable lot is uncommon for a central‑city unit, offering potential outdoor space or future development opportunities
The property is located moments from cultural landmarks such as the East End Theatre District, the former Empire Theatre, and the Eastern Market. These venues contribute to Melbourne’s reputation as a vibrant arts and food hub
A tram stop at Russell St/Bourke St is directly adjacent to the unit, providing easy access to the city’s extensive tram network. Additionally, multiple bus routes serve the surrounding streets, linking the CBD to suburbs
Within a short stroll you’ll find the Flower Drum restaurant, QT Melbourne hotel, and several historic cinemas such as the former Savoy Theatre. The nearby East End Theatre District offers a variety of live performances and dining options
Located on Russell Street, the unit is effectively inside the Melbourne CBD, making it a convenient base for work, shopping, and cultural activities. Its central position ensures most amenities are within a few minutes’ walk
In addition to the East End Theatre District, the area hosts several historic cinema sites like the former Bercy Cinema and Dendy Adult Cinema Complex. These venues reflect Melbourne’s rich theatrical and cinematic heritage
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