505/118 Franklin StreetMelbourne VIC 3000
Property Details for 505/118 Franklin St, Melbourne
505/118 Franklin St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2001. The property has a land size of 1592m2.
Last Listing description (November 2023)
Enjoying modern style in the Nova Stargate complex
This front-facing, light, and bright bedroom apartment feature a security entry, and an open-plan living and dining room that opens out to a private balcony with city views.
A modern kitchen fully equipped with an induction cooktop & fridge. The bedroom comes with built-in robes, a bed and a stylish central bathroom.
This apartment is perfectly positioned just moments to the Queen Victoria Market, Flagstaff Gardens, RMIT University, University of Melbourne, brilliant CBD attractions, and Flagstaff and Melbourne Central Station.
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* Please note: Inspections by appointment only. No entry permitted without prior appointment.
We look forward to seeing you soon.
- The team at Aussieproperty.com
Property History for 505/118 Franklin St, Melbourne, VIC 3000
- 20 Oct 2023Listed for Rent $475 / week
- 18 Jan 2023Listed for Rent $475 / week
- 03 Feb 2010Listed for Sale $245,000
Recent sales nearby
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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.
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