203/118 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
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203/118 Franklin Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 22 Dec 2025
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Property Details for 203/118 Franklin St, Melbourne

203/118 Franklin St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001.

Building Type
Unit
Year Built
2001
Local Government
Melbourne
Lot/Plan
203/PS425500

Last Listing description (July 2016)

Under Application

Located on the doorstep of The Queen Victoria Market, fresh produce for your love of food, and the Best of Melbourne s Universities, RMIT, 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 maintained one bedroom apartment is fully furnished waiting for a lucky person to call it home. Close to schools, hospitals, recreational parks, and Melbourne s famous nightlife.
With views to the north and the west including out over Queen Victoria Market, this 6th floor apartment in the Nova Stargate complex enjoys relaxed living and meals, with modest kitchen including microwave, toaster oven and fridge, accompanied by bedroom with great storage, neatly-presented bathroom, and a balcony to enjoy the views.
With the convenience of being close to every designer store and department stores like Myer and David Jones, you will appreciate the ample storage on offer.

Features include:
Secure intercom entry, reverse cycle cooling and onsite laundry.
6 to 12 month lease option
Comprising: Double bed base and mattress, fridge, microwave, couch, table and chairs, tv, heating and air condition and balcony that fills the apartment with sunlight, this studio will not last long.
Apartment has been recently renovated to include brand new upgraded kitchen facilities. Don't miss out - inspection is a must!
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.
Phone our office on 9639 4888 to arrange a private inspection of this well located apartment.

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Property History for 203/118 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
  • 05 Jul 2016
    Listed for Rent - Price not available
  • 17 Feb 2016
    Listed for Rent - Price not available
  • 20 Aug 2015
    Listed for Rent - Price not available
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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, 2748 properties were sold in the past 12 months in Melbourne.

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