412/118 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 28m2.
A Gateway to a Lively City Lifestyle
A prime opportunity for first home buyers, keen investors, and enthusiastic city dwellers, this one bedroom apartment is a brilliant prospect on the doorstep of Melbourne's vibrant CBD. Located on the 4th floor of the Nova Stargate, this easy care abode is highlighted by a relaxed central living zone, which is adjoined by a modern kitchen boasting stainless steel Blanco appliances and a sleek tiled splashback. The north east-facing balcony is a superb place for a quiet alfresco meal or weekend drinks with friends, while the well-sized bedroom is equipped with mirrored built-in robes. The tasteful bathroom features a full sized bath/shower and includes a generous vanity. Also featuring reverse cycle heating and cooling, secure intercom entry, and a building concierge, this ideal residence is only a stone's throw to Flagstaff Gardens, Queen Victoria Market, RMIT University, University of Melbourne, and an array of lively city shops, cafes, restaurants, and bars.
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 64,246 properties. Over the last 5 years, Houses in Melbourne have seen a 33.17% increase in median value, while Units have seen a -4.37% decrease. As at 28 February 2026:
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