Back 302/118 Franklin St
Off Market

302/118 Franklin St

Melbourne VIC 3000

1
Apartment
John SilburnJohn Silburn, last sold this property on 05 August 2014 after -1 days on market.

Overview

Light, Bright & Affordable

Modern fully furnished studio apartment with amazing city views. Located meters from cafes, boutiques, eateries, transport, and Universities it delivers an affordable inner city lifestyle of enviable convenience.

Offering security entry, open plan living area with balcony, compact kitchen and stylish bathroom.

An exciting opportunity for the astute investor, currently leased out for $300 p/w, or the owner occupier looking for an affordable city pad.

Features

1 bathroom
Apartment

Estimated Value

Based on this property and similar apartments sold in Melbourne over the last 12 months, the estimated median property value of 302/118 Franklin St is $465.28k.

Median value
$465.28k
Estimated value range
$39k - $3.65m
Median days on market
43
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 302/118 Franklin St

2014
Sold
Undisclosed
05 Aug 2014 by John Silburn, of L R Reed - Melbourne
2013
Sold
$188,000
Private Sale/Treaty on 27 Jul 2013 by Nick Richards, of Dingle Partners

Happy sellers in Melbourne

84%
84% of sellers in Melbourne reported that their sale price either exceeded or met their price expectations.

Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 133 reviews in Melbourne over the last 12 months.

Local market activity for apartments in Melbourne

In the last 12 months, 1555 apartments similar to 302/118 Franklin St, have been sold.

This represents a 12% increase in apartments sales when compared to the previous 12 months.

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