1008/118 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1008/118 Franklin Street
Melbourne VIC 3000

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 94m2
Land area: 1592m2
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Property Details for 1008/118 Franklin St, Melbourne

1008/118 Franklin St, Melbourne is a 3 bedroom, 2 bathroom Unit with 3 parking spaces and was built in 2001. The property has a land size of 1592m2 and floor size of 94m2.

Building Type
Unit
Year Built
2001
Floor Size
94m2
Land Size
1592m2
Local Government
Melbourne
Lot/Plan
1008/PS425500

Last Listing description (February 2011)

AFFORDABLE DREAM
This magnificent three bedroom roof top Penthouse apartment in a superb location is certainly one of the finest on offer. At this price it's outstanding value so be sure you're the first to inspect. Not many of this calibre on the market. Features include;
FIRST FLOOR

A spacious dining area which opens onto lounge, U shaped kitchen with black granite bench tops & Blanco appliances. Two bedrooms both with built-in-robes and direct access to private balconies, a central bathroom with marble finishes, and separate laundry area.
SECOND FLOOR
Very spacious master bedroom with walk-in-robe, en-suite with separate spa-bath, shower, W.C, marble finishes & has direct access to large north facing terrace. Separate study area with built in shelves which also has direct access to terrace.
Also features timber floors, ducted air conditioning/heating on each level & 2 full security car parks on title.

Property History for 1008/118 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
  • 21 Oct 2010
    Listed for Sale Not Disclosed
  • 15 Jan 2010
    Listed for Sale Not Disclosed
  • 22 Nov 2007
    Listed for Sale 895000
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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 64,236 properties. Over the last 5 years, Houses in Melbourne have seen a 33.17% increase in median value, while Units have seen a -4.37% decrease. As at 28 February 2026:

  • The median value for Houses in Melbourne is $1,808,781 while the median value for Units is $436,528.
  • Houses have a median rent of $650 while Units have a median rent of $675.
There are currently 255 properties listed for sale, and 180 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2767 properties were sold in the past 12 months in Melbourne.

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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.