728/118 Franklin Street, Melbourne, VIC 3000 | Apartment for rent | OnTheHouse
 
FOR RENT
$480 per week

728/118 Franklin Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Available From
Friday 12 June 2026| Bond $2,086
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Furnished One Bedroom Apartment - Near Queen Victoria Market

Move straight in-just bring your bedding, kitchenware, and personal belongings! This well-equipped 1-bedroom apartment with beautiful floorboards offers ultimate convenience in the heart of Melbourne. Located just moments from Queen Victoria Market, RMIT, Melbourne University, Flagstaff Gardens, and an endless array of cafes, shops, and restaurants, everything you need is right at your doorstep. Public transport is also easily accessible with train, tram, and bus stops nearby.
The apartment features a private balcony, plenty of storage cupboards, and a central bathroom. There is a brand new benchtop and brand new floorboards. Enjoy year-round comfort with heating and air conditioning, plus the added convenience of an in-unit washing machine and dryer. A secure building entrance completes the package.
Don't miss this opportunity to enjoy vibrant city living in a comfortable and low-maintenance home.
Register now to arrange an inspection!

Property Details for 728/118 Franklin St, Melbourne

728/118 Franklin St, Melbourne is a 1 bedroom, 1 bathroom Apartment. The place is currently for rent with Ray White Southbank | Port Phillip.

Building Type
Apartment
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. There are 9 parks, covering nearly 2.5% of the total area. The population of Melbourne in 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation.In 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.

Melbourne has 64,350 properties. Over the last 5 years, Houses in Melbourne have seen a 5.76% increase in median value, while Units have seen a -4.47% decrease. As at 30 April 2026:

  • The median value for Houses in Melbourne is $1,457,082 while the median value for Units is $442,735.
  • Houses have a median rent of $700 while Units have a median rent of $675.
There are currently 299 properties listed for sale, and 212 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2662 properties were sold in the past 12 months in Melbourne.

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Rhys Vincent
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Ray White Southbank | Port Phillip
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