617/118 Franklin StreetMelbourne VIC 3000
Property Details for 617/118 Franklin St, Melbourne
617/118 Franklin St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2001. The property has a land size of 1592m2 and floor size of 30m2.
Last Listing description (January 2023)
Enjoying modern style in the Nova Stargate complex, this furnished 1 bedroom 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. This makes an ideal residence for a busy executive or student. Also features balcony and laundry facilities.
Extra features:
. Highly secure entrance to the building
. 24/7 hotel reception as a bonus
Property History for 617/118 Franklin St, Melbourne, VIC 3000
- 14 Dec 2022Listed for Rent $380 / week
- 13 Oct 2021Listed for Rent $280 / week
- 22 Oct 2013Listed for Sale FOR SALE
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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