1010/118 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1010/118 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 83m2
Land area: 1592m2
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Property Details for 1010/118 Franklin St, Melbourne

1010/118 Franklin St, Melbourne is a 2 bedroom, 2 bathroom Unit and was built in 2001. The property has a land size of 1592m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
2001
Floor Size
83m2
Land Size
1592m2
Local Government
Melbourne
Lot/Plan
1010/PS425500

Last Listing description (February 2022)

Don't miss this rare opportunity to secure this light and bright apartment in the heart of Melbourne.

- Spacious master bedroom with glass sliding doors to the terrace and stunning city skyline views
- Second bedroom with large sliding robes and north facing window

- A generous north facing open plan kitchen, living/dining area which opens out onto sizeable balcony
- Well-appointed kitchen with stone benchtops
- Separate modern bathroom with shower and stone benches
- Apartment also includes compact European style laundry and secure lobby entrance & lift to apartment

In arguably the best pocket of inner city Melbourne, this property boasts the best of shopping convenience and nightlife entertainment. Access to the Melbourne CBD and a range of university campus' is effortless through the vast variety of public transport options. Some of the best restaurants are only a moments' walk from your door step, not to mention the iconic Queen Victoria Market. Secure your very own slice of Melbourne (the most liveable city) for yourself or buy as a high yielding investment property.

Conditions of entry - IDENTIFICATION and contact number required, otherwise entry may be refused.

The information about this property has been supplied to us by the property owner, while we have no cause to doubt its accuracy, we provide no guarantee. We cannot attest to the functionality of any fixtures, fittings or inclusions to the property. Land and apartment dimensions and floor/site plans are supplied by third parties. Typing mistakes, omissions, transposing can occur, we provide to assist but make no representation. Buyers must carry out their own due diligence.

Property History for 1010/118 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$462,000
16 Feb 2022
Listed for Rent
$400/w
06 Aug 2020
  • 16 Feb 2022
    Sold for $462,000
  • 27 May 2021
    Listed for Sale Under Offer
  • 11 Jun 2020
    Listed for Rent $450 / week
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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.