OFF MARKET

402/118 Franklin Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 20m2
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Last updated 16 Sep 2024
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Property Details for 402/118 Franklin St, Melbourne

402/118 Franklin St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2001. The property has a floor size of 20m2. While the property is not currently for sale or for rent, it was last transferred in December 2023.

Building Type
Unit
Year Built
2001
Floor Size
20m2
Local Government
Melbourne
Lot/Plan
402/PS425500

Last Listing description (June 2021)

Visser Estate Agents takes the health of our clients, team members and the public seriously. Please be aware due to the current restrictions and health advice surrounding Covid-19, our office has updated our leasing procedures. For further information contact Visser Estate Agents directly. PLEASE SUBMIT AN ENQUIRY ONLINE TO BE ADVISED OF INSPECTION TIMES OR FOR FURTHER INFORMATION OR CALL 1300 319 371.

Fabulously located to offer an enviable and convenient lifestyle, this spacious and light-filled studio apartment will certainly tick a lot of boxes for those looking to escape and find their inner-city pad. Within just moments of Flagstaff Gardens, The Queen Victoria Market and all of Melbourne's fabulous inner-city ammenities, you will be hard pressed to find a better positioned new home.


Offering a spacious bathroom, large studio-bedroom, kitchenette with sink and space for a fridge and microwave without sacrificing the all important bench space. Further appointments to the apartment include a balcony and split-system heating and cooling that will ensure year-round comfort for the next lucky tenant.

Such well-located properties are rare to find, dont miss out - inspect today!

Property History for 402/118 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Transferred
23 Dec 2023
Listed for Rent
$240/w
11 Jun 2021
  • 23 Dec 2023
    Transferred
  • 29 Sep 2020
    Listed for Rent $240 / 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 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 61,329 properties. Over the last 5 years, Houses in Melbourne have seen a 33.57% increase in median value, while Units have seen a 2.46% increase. As at 31 August 2024:

  • The median value for Houses in Melbourne is $1,218,497 while the median value for Units is $465,019.
  • Houses have a median rent of $600 while Units have a median rent of $645.
There are currently 301 properties listed for sale, and 275 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2039 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.