1006/118 Franklin StreetMelbourne VIC 3000
Property Details for 1006/118 Franklin St, Melbourne
1006/118 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 76m2.
Last Listing description (December 2011)
Double Storey Penthouse
Enjoying a wonderful sense of light and space this generous two bedroom North facing Penthouse is spread over two levels and is situated in a superb location that allows you to enjoy a relaxing lifestyle on the edge of the CBD. Offering security entry, stunning kitchen with European appliances and stone bench tops, Open plan living area with balcony, second bedroom and modern bathroom. Whilst upstairs the main bedroom offers large deep terrace with marble ensuite. Currently leased until Jan 2012 at $535pw, this property would make a wonderful investment or simply move in after the current lease expires and enjoy everything this great location has to offer.
Additional feature/s - Marble Ensuite.
Property History for 1006/118 Franklin St, Melbourne, VIC 3000
- 02 Aug 2011Listed for Sale $490,000
Recent sales nearby
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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.
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