OFF MARKET

303/118 Franklin Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 27m2
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Property Details for 303/118 Franklin St, Melbourne

303/118 Franklin St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2001. The property has a floor size of 27m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
2001
Floor Size
27m2
Local Government
Melbourne
Lot/Plan
303/PS425500

Last Listing description (July 2021)

Delightfully driven by a clever use of space on sleek floorboards, this light-filled 1 bedroom apartment will make a favourable first impression in a location that is second to none. Zoned to University High School, this rare discovery is close to Queen Victoria Market, Flagstaff Gardens, universities, Melbourne Central shopping and trains, and a feast of restaurants, bars and cafes. Ready and waiting for market entrants and forward-thinking investors, take advantage of this amazing CBD location and town base today!

Upon secure tiled entry, discover glorious natural light streaming across a spacious open-plan living and dining area, serviced by a streamlined kitchen showcasing an electric cooktop, a tiled splashback, and ample preparation and storage space. Designed and styled for easy alfresco living on the third floor, the free-flowing floorplan spills outside to a sheltered balcony overlooking Franklin Street with commanding neighbourhood views.


Take advantage of mirrored built-in robes, a sparkling bathroom, a concealed laundry, intercom entry, very low owners corporation fees, split-system heating and cooling, and vertical blinds. Inspect with confidence!

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property History for 303/118 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$260,000
28 Jun 2021
  • 28 Jun 2021
    Sold for $260,000
  • 26 May 2021
    Listed for Sale $260,000

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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 2011 was 28,370 people. By 2016 the population was 47,293 showing a population growth of 66.7% 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 2011, 34.7% of the homes in Melbourne were owner-occupied compared with 29% in 2016.

Melbourne has 60,846 properties. Over the last 5 years, Houses in Melbourne have seen a 12.01% increase in median value, while Units have seen a -3.92% decrease. As at 31 October 2024:

  • The median value for Houses in Melbourne is $1,371,910 while the median value for Units is $452,109.
  • Houses have a median rent of $580 while Units have a median rent of $650.
There are currently 358 properties listed for sale, and 310 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2134 properties were sold in the past 12 months in Melbourne.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.