707/118 Franklin StreetMelbourne VIC 3000
Property Details for 707/118 Franklin St, Melbourne
707/118 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 46m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.
Last Listing description (April 2025)
Experience the vibrant pulse of city living in this exceptional apartment, perfectly situated in one of Melbourne's most sought-after locations. Just steps from the iconic Queen Victoria Market and tranquil Flagstaff Gardens, this urban retreat is ideal for the active professional seeking convenience and style.
The well-equipped kitchen seamlessly flows into the dining and living areas, featuring split system for year-round comfort. Step onto the small balcony and soak in the lively street atmosphere, while abundant natural light fills the spacious bedrooms, both adorned with built-in robes.
The modern bathroom also includes a convenient European laundry, maximizing functionality in this stylish space. Located in the heart of the city, you're just a short stroll from Melbourne Central, QV shopping precinct, RMIT, and Melbourne University, offering a lifestyle rich in culture and opportunity. This is urban living at its finest!
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Property History for 707/118 Franklin St, Melbourne, VIC 3000
- 20 Mar 2025Listed for Rent $600 / week
- 03 Feb 2025Sold for $360,000
- 05 Nov 2024Listed for Sale Not Disclosed
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 64,282 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:
- The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
- Houses have a median rent of $640 while Units have a median rent of $670.
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