1003/118 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1003/118 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 58m2
Land area: 1592m2
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Last updated 22 Dec 2025
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Property Details for 1003/118 Franklin St, Melbourne

1003/118 Franklin St, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 1592m2 and floor size of 58m2.

Building Type
Unit
Year Built
2001
Floor Size
58m2
Land Size
1592m2
Local Government
Melbourne
Lot/Plan
1003/PS425500

Last Listing description (May 2024)

This large two bedroom two-storey apartment with large courtyard & stunning views has just been tastefully updated. Situated in a fantastic location this 91m2 has been freshly painted throughout, new carpet upstairs, new vinyl flooring throughout downstairs, new blockout blinds, new 18m2 tiled courtyard, new LED downlights, new power points and light switches, as well as new oven and rangehood, plus much more.

Downstairs you will find the entry, open plan kitchen/living, small balcony, second bedroom with robes, bathroom, laundry, as well as storage under the stairs. Upstairs you will find the master retreat with plenty of cupboard space, as well as the ensuite with shower over spa bath. All this overlooking a large newly tiled courtyard with stunning views!!!

The apartment comes with split system a/c upstairs, and ducted heating/cooling downstairs.

Submit an online enquiry to find out more.

Property History for 1003/118 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Listed for Rent
$543/w
09 Sep 2016
  • 22 Apr 2024
    Listed for Rent $695 / week
  • 05 Sep 2016
    Listed for Rent - Price not available
  • 31 Aug 2005
    Listed for Rent - Price not available
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. It has 9 parks covering nearly 2.5% of 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 64,229 properties. Over the last 5 years, Houses in Melbourne have seen a -25.47% decrease in median value, while Units have seen a -3.96% decrease. As at 30 November 2025:

  • The median value for Houses in Melbourne is $1,033,829 while the median value for Units is $440,645.
  • Houses have a median rent of $635 while Units have a median rent of $660.
There are currently 252 properties listed for sale, and 231 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2750 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.