Melbourne VIC 3000, Australia
Also written as Unit 406, 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 | 15 Apr 2011 | $345,000 | — |
It is a unit positioned on a 1,209 m² parcel of land. The property offers a low‑rise living arrangement typical of inner‑city apartments
The unit features two bedrooms and one bathroom, providing comfortable accommodation for a small household or couple
The Russell St/Bourke St tram stop is located at the same address, giving immediate access to Melbourne’s extensive tram network. Additional bus routes also serve the surrounding streets
The historic Empire Theatre and the East End Theatre District are both on the doorstep, and the Eastern Market is just 0.1 km away, offering a vibrant mix of food, art and events
It lies in the Melbourne CBD, a short stroll from the Russell Street precinct, the former Bank of New South Wales building, and a variety of restaurants such as Flower Drum
The area is part of Melbourne’s cultural heart, celebrated for its theatre district, historic architecture and lively laneway cafés, reflecting the city’s reputation as Australia’s cultural capital
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