About this property
Also written as Unit 507, 118 Russell Street.
Melbourne VIC 3000, Australia
Also written as Unit 507, 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 | 8 Feb 2013 | $410,000 | — |
It is a unit (apartment) offering two bedrooms and one bathroom. The property sits on a 1,209 m² parcel of land within Melbourne’s central business district
The unit features two separate bedrooms and a single bathroom, making it suitable for small families, couples or professionals seeking a compact city home
A tram stop at Russell St/Bourke St is located right on the property’s street, providing easy access to Melbourne’s extensive tram network. This stop connects the unit directly to the broader city and suburban tram routes
Within a few hundred metres you’ll find the Empire Theatre, the East End Theatre District, the former Bank of New South Wales building, and the Eastern Market. All of these landmarks are approximately 0‑0.1 km from the unit, making them convenient for cultural outings and daily errands
Yes, 507/118 Russell Street is located in the Melbourne CBD, placing it in the heart of the city’s commercial, cultural and entertainment precincts
The well‑known restaurant Flower Drum is situated about 0.1 km from the unit, offering a convenient dining choice for residents and visitors
The unit occupies a land area of 1,209 m², providing a relatively spacious footprint for a central‑city property
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