715/118 Franklin StreetMelbourne VIC 3000
Property Details for 715/118 Franklin St, Melbourne
715/118 Franklin St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 1592m2.
Last Listing description (October 2025)
This fantastic studio apartment is located in the heart of CBD with walking distance to Victoria Market, Flatstaff Gardens, Melbourne Central, RMIT University, Elizabeth Street, Swanston Street and much more. Accessible by public transport and it is within 1.5km to Melbourne University and the major hospitals precinct.
- double bed with base
- built-in mirrored wardrobe
- TV with cabinet
- study desk and chair
- electric cooktop
- fridge/freezer
- dining table and chairs
- split system heating and cooling
- internal laundry plus communal coin operated laundry facilities on the 1st floor
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Property History for 715/118 Franklin St, Melbourne, VIC 3000
- 18 Aug 2025Listed for Rent $450 / week
- 28 Aug 2024Listed for Rent $510 / week
- 24 Aug 2023Listed for Rent $430 / week
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 64,269 properties. Over the last 5 years, Houses in Melbourne have seen a -6.38% decrease in median value, while Units have seen a -4.97% decrease. As at 31 March 2026:
- The median value for Houses in Melbourne is $1,346,319 while the median value for Units is $439,159.
- Houses have a median rent of $700 while Units have a median rent of $672.
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