430/118 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

430/118 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 1592m2
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Property Details for 430/118 Franklin St, Melbourne

430/118 Franklin St, Melbourne is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 2001. The property has a land size of 1592m2 and floor size of 55m2.

Building Type
House
Year Built
2001
Floor Size
55m2
Land Size
1592m2
Local Government
Melbourne
Lot/Plan
430/PS425500

Last Listing description (December 2025)

Ideally positioned on the northern fringe of Melbourne's CBD, this beautifully maintained inner-city apartment offers space, style, and exceptional convenience. Just a short stroll from Queen Victoria Market, public transport, Flagstaff Gardens, universities, and the vibrant hubs of Carlton and West Melbourne, you'll enjoy the best of city living with a sense of peace and privacy.

Apartment Features:
- Secure building entry for peace of mind

- Generous modern kitchen with stainless steel oven & cooktop
- Open-plan living and dining area with stylish floorboards
- Private balcony, perfect for relaxing or entertaining
- Two bedrooms with mirrored built-in robes
- Oversized master bedroom with additional study nook
- Sparkling bathroom with walk-in shower
- Separate laundry with trough
- Split-system heating and cooling for year-round comfort
- One secure, full-sized undercover car space

Located in the boutique low-rise "Nova Stargate" complex, this residence combines New York-style flair with Melbourne's cosmopolitan lifestyle. Enjoy unmatched convenience with a quiet, residential feel. A rare find this close to the heart of the city.

Property History for 430/118 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Listed for Rent
$450/w
06 Jul 2022
  • 22 Oct 2025
    Listed for Rent $600 / week
  • 11 May 2022
    Listed for Rent $50 / week
  • 03 Jan 2021
    Listed for Rent $400 / week
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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.