1005/118 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1005/118 Franklin Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 52m2
Land area: 1592m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 22 Dec 2025
Low

High
Save

Property Details for 1005/118 Franklin St, Melbourne

1005/118 Franklin St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2001. The property has a land size of 1592m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in February 2024.

Building Type
Unit
Year Built
2001
Floor Size
52m2
Land Size
1592m2
Local Government
Melbourne
Lot/Plan
1005/PS425500

Last Listing description (January 2017)

UNFURNISHED Don t miss out on this this huge, light filled exceptional two storey one bedroom penthouse apartment of Nova Stargate . Featuring two balconies and two bathrooms, full security plus a fridge, washing machine and dryer included, all in a convenient location with close proximity to QV, Melbourne Central, delightful eateries along Elizabeth Street, Emporium, tram lines within the free tram zone , Queen Victoria Market, universities, Chinatown plus so much more!
Downstairs comprises an open plan living/dining area with bountiful amounts of natural light, marble powder room and concealed laundry room including washing machine and dryer. Modern kitchen with stone bench tops, ample storage and bench space.
Upstairs comprises of an excellent sized bedroom with walk-in wardrobe. Sparkling bathroom with marble tiles, mirror over vanity and shower over bath. Further leading to an expansive, extremely rare private sun-drenched terrace leading from the master bedroom offering enviable city skyline views.

Further benefits include security key entry with intercom as well as air-conditioning and heating on both floors.
Properties of this calibre are rarely offered for rent in the Melbourne CBD, so be quick to secure this coveted lifestyle opportunity....it won't last long.
**** IMPORTANT! REGISTER TO INSPECT PROPERTIES ****
By registering your details you will be INSTANTLY informed of
any updates, changes or cancellations for your property appointment.
If no one registers for an inspection time then that inspection may not proceed.
DON T MISS OUT
Book for an inspection time today by sending us a message!
****
Please call us on 03 8256 7380 or email us to arrange for an inspection!
MICM Real Estate - Bourke Leasing Office
668 Bourke Street, Melbourne
Ph: (613) 8256 7380

Property History for 1005/118 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$400,000
28 Feb 2024
Listed for Rent
$420/w
23 Jan 2017
  • 28 Feb 2024
    Sold for $400,000
  • 25 Nov 2021
    Sold for $383,700
  • 29 Dec 2016
    Listed for Rent - Price not available
Commute Calculator

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, 2748 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

Market Insights
Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.