1007/118 Franklin StreetMelbourne VIC 3000
Property Details for 1007/118 Franklin St, Melbourne
1007/118 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 56m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.
Last Listing description (January 2026)
Experience contemporary city living in this exceptional dual level apartment, ideally positioned in the heart of Melbournes CBD.
Designed with both style and functionality in mind, the ground level features a modern kitchen overlooking an open-plan living and dining area, complete with air conditioning for year-round comfort. Floor to ceiling sliding doors open onto a private balcony, perfect for entertaining or relaxing. Additional highlights include under-stair storage, a powder room and a discreet laundry.
The upper level is dedicated to a generous main bedroom, offering a walk-in robe, sleek ensuite bathroom and a second private balcony, an ideal retreat to unwind and enjoy city views.
Located within walking distance to the CBD, Flagstaff Gardens, RMIT and Melbourne University, and with trams at your doorstep within the free tram zone, this apartment delivers ultimate convenience. Enjoy an abundance of cafes, restaurants, shopping and cultural attractions right outside your door.
Property History for 1007/118 Franklin St, Melbourne, VIC 3000
- 22 Dec 2025Listed for Rent $595 / week
- 25 Oct 2025Sold for $405,000
- 30 Sep 2025Listed for Sale $400,000 - $440,000
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 64,286 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:
- The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
- Houses have a median rent of $640 while Units have a median rent of $670.
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