1013/118 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1013/118 Franklin Street
Melbourne VIC 3000

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 120m2
Land area: 1592m2
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Property Details for 1013/118 Franklin St, Melbourne

1013/118 Franklin St, Melbourne is a 3 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 120m2. While the property is not currently for sale or for rent, it was last transferred in July 2022.

Building Type
Unit
Year Built
2001
Floor Size
120m2
Land Size
1592m2
Local Government
Melbourne
Lot/Plan
1013/PS425500

Last Listing description (October 2023)

-Stunning 188sqm double storey penthouse in the CBD's growth hub
-Incredible 34sqm rooftop terrace with open views
-Versatile 3-BR/2-Bath layout

-Open plan living and well-equipped kitchen
-Study/retreat area with access to the terrace
-Split system heating/cooling & laundry
-Basement parking and storage
-Doors to Queen Vic Market

There are penthouses with style and there are penthouses with personality and this stunning home is where those two collide. Offering standout accommodation over two sensational levels, the interiors are then further enhanced by an incredible rooftop terrace of approx 34sqm with breathtaking urban vistas of Melbourne's CBD.

Adaptability is key and there also a few fabulous secrets in this brilliant abode which features a spacious living zone flowing from a glossy granite kitchen with quality appliances, cool bistro-style shelving and laidback breakfast bar for effortless entertaining.

On this level are two bedrooms - one with robes, the second is currently used as a separate TV room and can be closed off with a very functional sliding louvre door.

The upper level is a domain of its own with a large retreat complete with study area and fitted desk - it is from here you can spill outdoors and soak up the twinkling lights of the city. From the retreat a seemingly innocent bookcase opens with 007 intrigue to the massive master bedroom boasting a walk-thru robe to a luxe ensuite bathroom.

A chic downstairs bathroom is an added highlight along with a proper laundry and split system heating/cooling while the top quality inner-city retreat is wrapped up by basement parking and storage.

And the location is also exceptional. Just doors to Queen Vic Market and with dining, bars & trams at your fingertips, this is an urban lifestyle to beat all others.

Property History for 1013/118 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Transferred
09 Jul 2022
  • 12 Jul 2023
    Listed for Sale $1,250,000 - $1,350,000
  • 09 Jul 2022
    Transferred
  • 27 Sep 2021
    Sold for $959,507
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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 232 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

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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.