421/118 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

421/118 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 45m2
Land area: 1592m2
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Property Details for 421/118 Franklin St, Melbourne

421/118 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 transferred in January 2023.

Building Type
Unit
Year Built
2001
Floor Size
45m2
Land Size
1592m2
Local Government
Melbourne
Lot/Plan
421/PS425500

Last Listing description (October 2020)

Move in immediately to a fully furnished & modern styled apartment. This North facing light-filled apartment is situated just moments from the Queen Victoria Market, Flagstaff Gardens, RMIT University, University of Melbourne, brilliant CBD attractions.

A fantastic investment not to be missed - newly painted, complete with new loungeroom set sofa, dining table, bed, fridge, washer, TV, vacuum cleaner. Heating/cooling included in the unit with rooftop gym, spa and sauna within the building.

This cozy apartment is located on level 4 and suitable for 2 tenants.

This property is fully furnished and available NOW, lease period is for 6/12 months.

This property is available for private inspection, please send in your request to: rose.deng@raywhite.com

您可以通过微信与我们联系,我们的微信ID为: raywhitemelbournecbd

People cannot attend any Ray White site if they:
• are ill;
• have been diagnosed with COVID-19 and are awaiting medical clearance;
• have been in close contact with a confirmed case of COVID-19 in the past 14 days; or
• arrived in Australia or New Zealand from overseas, and have not self-isolated for 14 days.

People can return to Ray White sites after 14 days of isolation and without presenting any symptoms of the virus.

Property History for 421/118 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Transferred
20 Jan 2023
Listed for Rent
$440/w
09 Oct 2020
  • 20 Jan 2023
    Transferred
  • 08 Jul 2020
    Listed for Rent - Price not available
  • 20 Jun 2018
    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.

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.