118 Franklin Street, Melbourne, VIC 3000 sold on 04 December 2025 | OnTheHouse
SOLD
Sold on 04 Dec 2025 for $215,000

118 Franklin Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 1592m2
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Property Details for 118 Franklin St, Melbourne

118 Franklin St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 1592m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2001
Floor Size
50m2
Land Size
1592m2
Local Government
Melbourne
Lot/Plan
2/PS425500

Last Listing description (July 2025)

Located on the doorstep of The Queen Victoria Market, fresh produce for your inner MasterChef, and the Best of Melbournes Universities, RMIT, and University of Melbourne, for those who like to stimulate their minds. Trams, trains, buses (one stop away from free transport around the city) forget about parking fees and fines, this well-updated and maintained two-bedroom apartment is fully furnished with tasteful furniture, waiting for a lucky person to call it home. Close to schools, hospitals, recreational parks, and Melbournes famous nightlife.

With views to the East of the CBD from your own balcony, the Nova Stargate complex enjoys relaxed living and meals, tasteful kitchen with s/steel cooktop & oven, 2 bedrooms with good storage, Main bedroom boasts queen size bed with linen & manchester supplied, second bedroom fitted with single bed and study area, neatly-presented bathroom including front loader washing machine and separate clothes dryer.,
With the convenience of being close to every designer store and department stores like Myer, H & M, and David Jones, you will appreciate the ample storage on offer.

Features include:
All furniture as upon inspection, fully equipped kitchen, Secure intercom entry, reverse cycle cooling/heating, euro laundry boasting a 7kg front loader washer plus separate dryer.
Those who want gym and pool, Melbourne City Baths is one block away.

12 month lease preferred

Be quick as this location is well sought after and is priced to be leased, just unpack your shopping bags and enjoy the convenience of this centrally located well-appointed apartment.

please register your attendance for opens advertised.

Property History for 118 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$215,000
04 Dec 2025
Listed for Rent
$60/w
28 Jul 2023
  • 04 Dec 2025
    Sold for $215,000
  • 02 Dec 2025
    Sold for $360,000
  • 25 Oct 2025
    Sold for $405,000
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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, 2749 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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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.