313/118 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

313/118 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 48m2
Land area: 1592m2
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Property Details for 313/118 Franklin St, Melbourne

313/118 Franklin St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2001. The property has a land size of 1592m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
2001
Floor Size
48m2
Land Size
1592m2
Local Government
Melbourne
Lot/Plan
313/PS425500

Last Listing description (January 2023)

The sophisticated "Nova Stargate" enjoys a New York feel and overwhelming convenience and privacy, ideally located on the quieter northern edge of the CBD, a short stroll from all the action of the metropolitan lifestyle. Perfect for someone that is looking for a city pad!

Ideally located, moments from Queen Victoria Market perfect for shopping for fresh produce and clothing. In a quiet section of the city, conveniently located close to transport, universities & the CBD.

This FURNISHED two-bedroom apartment and features:

- Newly renovated & well-furnished
- Modern kitchen with electric cooktop
- Ample bench and cupboard space
- Floorboards to living room
- Both bedroom with built in wardrobe
- Modern bathroom with shower
- Laundry in apartment
- Split system heating and cooling

**TO AVOID DISAPPOINTMENT, PLEASE REGISTER TO INSPECT THIS PROPERTY**

Applications are to be submitted via '2Apply'. Please click "get in touch" or "email agent" to receive an application link.

Property History for 313/118 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$310,000
16 Jun 2021
Listed for Rent
$450/w
24 Jan 2023
  • 18 Jan 2023
    Listed for Rent $450 / week
  • 16 Jun 2021
    Sold for $310,000
  • 25 May 2021
    Listed for Sale Private Sale - $320,000
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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, 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.