202/118 Franklin St, Melbourne is a 2 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 45m2. While the property is not currently for sale or for rent, it was last sold in September 2024.
BEST OFFER CLOSING TUESDAY 3rd SEPTEMBER AT 1.00PM
Minutes to the Queen Victoria Market and so well positioned for a totally convenient city lifestyle with universities, trams, trains, great shopping, cafes and so much that Melbourne has to offer right at your fingertips. Located on level two of the popular Stargate Apartment Complex and front facing to Franklin Street. The accommodation comprises an open plan living with floor to ceiling windows leading onto a large balcony, split system heating & cooling and a well appointed kitchen area, that includes electric cooking, fridge and ample bench - cupboard space. Both bedrooms have openable windows and built in robes. Additional features include a central bathroom, including the Euro Style laundry, secure building entry and lift access.
An ideal opportunity for the owner occupier to move in and enjoy or the investor seeking an affordable entry into the high demand city rental market.
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:
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