806/118 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

806/118 Franklin Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 1592m2
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Last updated 22 Dec 2025
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Property Details for 806/118 Franklin St, Melbourne

806/118 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.

Building Type
Unit
Year Built
2001
Land Size
1592m2
Local Government
Melbourne
Lot/Plan
806/PS425500

Last Listing description (June 2025)

Welcome to urban living at its finest! This 1 bedroom, 1-bathroom apartment situated at 806/118 Franklin Street, Melbourne VIC 3000 offers contemporary living in the heart of the vibrant Melbourne CBD. With its prime location, modern amenities, and sleek design, this apartment is perfect for professionals, couples, or students looking for convenience and comfort.

Key Features:
Location: Located in the bustling heart of Melbourne CBD, this apartment offers unparalleled access to the city's best dining, shopping, entertainment, and transport options.

Modern Design: Enjoy the sleek and modern design of this apartment, featuring open-plan living spaces, high-quality finishes, and abundant natural light.

1 Bedroom, 1 Bathroom: This apartment offers a spacious bedroom with built-in robes and a sleek bathroom with contemporary fixtures.

Secure Building: Rest easy knowing that this apartment is located in a secure building with intercom access and on-site management.

Access to Amenities: Take advantage of the building's amenities, including a gym, swimming pool, and communal outdoor areas.

Transport Options: With tram stops and train stations just minutes away, commuting around the city is a breeze.

Don't miss out on the opportunity to live in this modern apartment in the heart of Melbourne CBD. Contact us today to arrange a viewing!

Property History for 806/118 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
  • 31 Jan 2025
    Listed for Rent $400 / week
  • 01 Jun 2024
    Listed for Rent $460 / 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.

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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.