🏠 ResidentialResidential ApartmentCompleted 1943πŸ› Heritage overlay

Deco Tower

336 Russell Street, Melbourne VIC 3000

  • 16 floors
  • 96 homes

What's available here Add a listing link

Looking toIn this buildingArea guideSearch the building
Buyβ€”Unit median $545,000
Rentβ€”1-bed median $560/wk

Area guides are suburb medians, not this building's prices. Each link opens a Google search limited to that site.

83 years standing

  1. 1943Completed
  2. 2004Refurbished
  3. TodayStill standing

Full timeline ↓

About Deco Tower

Deco Tower is an apartment tower of about 16 floors above ground, with 96 homes. Percy Edgar Everett was the architect, with construction starting in 1940 and the building completed around 1943. A later refurbishment was carried out with Lustig & Moar as developer and Bruce Henderson Architects as architect.

At a glance

Key facts

Building type
🏠 Residential
Completed
1943 Unconfirmed We don't have data to 100% confirm this data point as yet.
Construction started
1940 Unconfirmed We don't have data to 100% confirm this data point as yet.
Height
β€”
Floors
16 Unconfirmed We don't have data to 100% confirm this data point as yet.
Footprint
3,040 mΒ²
Homes
96 Unconfirmed We don't have data to 100% confirm this data point as yet.
Architect
Percy Edgar Everett Unconfirmed We don't have data to 100% confirm this data point as yet.
Car spaces
β€”
Strata plan
PS501388 Β· 42 lots
Planning zone
MUZ
Permits on record
0

Score cards

πŸš† Transport9/10

State Library Station 4 min walk Β· 6 tram stops within 400 m

β˜• Everyday amenities7/10

47 cafΓ©s, 2 grocers, 4 medical within 250 m

🌳 Greenery8/10

91 street trees within 150 m Β· park 107 m away

✨ Activity4/10

2,950 people pass daily nearby Β· 11 licensed venues within 200 m

Calculated from PTV timetable stops, the City of Melbourne business census, street trees, pedestrian sensors and liquor licences.

The building team

The people and companies behind the design, construction and management of Deco Tower.

πŸ“ArchitectPercy Edgar Everett1940–1943reported1940-1943 Β· Public Works Chief ArchitectSource: Wikipedia β†—
πŸ‘·BuilderBrookfield MultiplexreportedRefurbishment Β· Builder listed on the Concept Blue redevelopment project pageSource: Reddan Property Group β†—
πŸ—DeveloperLustig & MoarreportedRefurbishment Β· Client on the Concept Blue redevelopmentSource: Reddan Property Group β†—
πŸ“ArchitectBruce Henderson Architects2004reportedRefurbishment Β· 2004Source: Wikipedia β†—
πŸ‘·BuilderReddan Property GroupreportedRefurbishment Β· Project page for the Concept Blue redevelopment lists 'Project involvement: Builder'Source: Reddan Property Group β†—
+Were you involved?Builders, architects, developers and managers can claim their role

Location & neighbourhood

Getting around

πŸš†State Library Station
Train station
4 min Β· 281 m
πŸš†State Library Railway Station
Train station
4 min Β· 311 m
πŸš‹Russell St/La Trobe St #7
Tram stop
1 min Β· 82 m
πŸš‹Exhibition St/La Trobe St #8
Tram stop
1 min Β· 84 m
πŸš‹Melbourne Central & State Library stations/La Trobe St (Melb... #6
Tram stop
2 min Β· 188 m

Straight-line walking estimate. Source: PTV GTFS, CC BY 4.0.

Within a 3-minute walk

47β˜• CafΓ©s & eateries
2πŸ›’ Grocers
4πŸ‹οΈ Gyms
4🩺 Medical
0πŸ’Š Pharmacies
1🧸 Childcare
7🍷 Pubs & bars

Who lives in Melbourne (CBD)

Residents37,341
Median age26
Households renting70%
Households without a car75%
Walk to work40%
Public transport to work43%

ABS Census 2016 via City of Melbourne (CC BY).

Prices and rents around here

Suburb and area medians, not this building's prices.

Median unit price, Melbourne$545,0002025 Β· -5.5% in a yearTrend since 2015
Yearly rent against price7%A $735/wk 2-bedroom rent for a year, against the $545,000 median unit priceBefore costs. Our estimate from two suburb medians, not advice.

Prices: Victorian Property Sales Report, Β© State of Victoria (Department of Transport and Planning), CC BY 4.0.

Median weekly rents for new leases, CBD-St Kilda Rd

ApartmentMedian rentChange in a yearTrend since Mar 2016New leases
1 bedroom$560/wk+1.8%6,274 in the year to Sep 2025
2 bedroom$735/wk+2.1%6,605 in the year to Sep 2025
3 bedroom$1050/wk-4.5%737 in the year to Sep 2025

Source: Homes Victoria Rental Report, CC BY 4.0. Area medians, not this building's rents.

Timeline

Everything that has happened at Deco Tower: listings, news, works, planning and history.

2024πŸ› 
Works
1 certificate Β· about $625k of new works
Largest: Alterations to an existing building - BA36 - Partial Cladding Rectification Works
2011πŸ”„
Use change
Council census records it as residential apartment, 13 floors
Name recorded: Deco Tower
2006πŸ“‹
First census
First council census entry: residential apartment, 13 floors
1943πŸŽ‰
Milestone Β· Completed
Deco Tower completed: 16 floors
Derived from City of Melbourne

Planning & heritage

Planning controls

ZoneMIXED USE ZONE (MUZ)
DDO1Design and Development Overlay: limits on building height, setbacks and design
DDO4Design and Development Overlay: limits on building height, setbacks and design
HO488Heritage Overlay: a permit is needed to demolish or change the outside of heritage places
PO12Parking Overlay: controls on how much car parking new development can provide

Vicmap Planning, Β© State of Victoria (Department of Transport and Planning), CC BY 4.0. Plain-English summaries are ours. Check the planning scheme for exact controls.

Subdivision & permits

Plan of subdivision
PS501388
Lots on the plan
42
Owners corporation
Yes (common property)
Building permits on record
0
Estimated cost of works
About $625k
2024New works by year (estimated)2024

Costs are estimates declared on permits, not amounts spent. Stages of a project repeat its value, so we group them and count each project once. A value can cover a project spanning several buildings. Our calculation from City of Melbourne building permits, CC BY 4.0.

History of the site

How it's been recorded over time

2006Residential Apartment Β· 13 floors Β· "DECO TOWER"
2011Residential Apartment Β· 13 floors Β· "Deco Tower"

City of Melbourne Census of Land Use and Employment, since 2002.

Community

What people say about Deco Tower in public forums and groups, and reviews left here.

No public discussion found yet. Know a thread or group about Deco Tower? .

Resident reviews

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Frequently asked questions

Is Deco Tower residential or commercial?

Deco Tower is a residential building. The City of Melbourne lists its main use as residential apartment.

When was Deco Tower built?

Deco Tower was completed in 1943.

How many floors does Deco Tower have?

Deco Tower has 16 floors above ground.

How many apartments are in Deco Tower?

Deco Tower has 96 homes. The national address file lists 53 unit addresses here, and some of those can be shops or offices.

What do apartments cost near Deco Tower?

The median unit price in Melbourne was $545,000 in 2025, from the Victorian Property Sales Report. That's for the whole suburb, not this building.

Are there apartments for sale or rent in Deco Tower?

See the residential listings on this page, or use the shortcuts to search 336 Russell Street on realestate.com.au and Domain.

Who designed and built Deco Tower?

Lustig & Moar developed Deco Tower, Percy Edgar Everett designed it and Reddan Property Group built it. The building team section has the sources.

What public transport is near Deco Tower?

State Library Station is the nearest train station, about 4 minutes' walk. The nearest tram stop is Russell St/La Trobe St #7, about 1 minute's walk.

What is the planning zone for Deco Tower?

The site is in the Mixed Use Zone (MUZ). It's also under a Heritage Overlay (HO488).

Does Deco Tower have an owners corporation?

Plan of subdivision PS501388 has 42 lots and common property, which means it is managed by an owners corporation.

Compare with nearby buildings

BuildingTypeDistanceFloorsCompleted
Deco TowerResidentialβ€”161943
Concept BlueResidential0 m272004
27-39 Mackenzie StreetMixed use63 m322011
Space HotelHotel87 m91963
Scape Victoria StreetStudent accommodation105 m252024

That's Built compiles information from public records, research and contributions. Details are checked against multiple sources where possible but may contain errors and aren't professional advice. Sources: City of Melbourne building permits (CC BY 4.0), CLUE building information (CC BY 4.0), CLUE residential dwellings (CC BY 4.0), Geocoded National Address File (G-NAF) (Open G-NAF EULA (CC BY 4.0 based)). Street View and business details Β© Google Maps.

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