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Back 320/118 Franklin Street
Off Market

320/118 Franklin Street

Melbourne VIC 3000

1
1
32 m²
Apartment
Last sold for $240,000
Jenny HuoJenny Huo, last sold this property on 22 September 2026 after 34 days on market.

Overview

Fully Furnished Haven in a Central Setting

Investors Please Note: The property could return in the vicinity of $440 to $480 per week. An affordable blend of streamlined style, space and simplicity, this fully furnished 1-bedroom apartment is perfectly located in a well-connected pocket of the CBD. First home owners, professionals, students, and astute investors will all be instantly rewarded by the central locale. Take an easy stroll to iconic Queen Victoria Market, Aldi shopping, a choice of top-ranking universities, Flagstaff Gardens, the State Library Railway Station, and the free tram zone. A free-flowing floorplan offers roomy and air-conditioned living, complemented by a chef-ready kitchen showcasing an electric cooktop, microwave, and ample storage space. Running the full width of the apartment on the third floor, step outside to an undercover balcony, ideal for a morning coffee or an evening catch-up. The generously sized bedroom comes with mirrored built-in robes, while a smartly renovated bathroom boasts a stylish mirror and a fully tiled rainfall shower area over a bathtub. Hit the ground running with the addition of a queen-sized bed, 2-seater couch, desk and chair, a flat-screen LG television, a full-sized fridge/freezer, and so much more. Special features include the year-round comfort of split-system heating and cooling, roller blinds, plantation shutters, designer lighting, intercom security, lift access, and low owners' corporation fees as a part of the Stargate Apartments complex. Make plans to inspect today Outgoings: Council Rates: $167.00 per quarter approx. Water Rates: $180.00 per quarter approx. Owners Corporation Fees: $407.00 per quarter approx. * Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Features

1 bedroom
1 bathroom
32 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Melbourne over the last 12 months, the estimated median property value of 320/118 Franklin Street is $355k.

Median value
$355k
Estimated value range
$39k - $935k
Median days on market
35
Estimated value trend
4%
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 320/118 Franklin Street

2026
Sold
$240,000
22 Sep 2026 by Jenny Huo, of MICM
2025
Rented
Undisclosed
Leased on 07 Sep 2025 by Gotham Property
2022
Rented
Undisclosed
Leased on 02 Mar 2022 by MRE

Happy sellers in Melbourne

81%
81% 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 125 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 584 one-bedroom apartments similar to 320/118 Franklin Street, have been sold.

This represents a 23% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

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Annamaria Stella

Annamaria Stella is an award winning recommended agent for Melbourne.  They have 14 local sales and collected 31 local reviews across the last 12 months.

  •   5   (401 reviews)
  •  31 Reviews in Melbourne
  •  14 Sales in Melbourne
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Dionne Wilson

Sellers who recommend Dionne Wilson have praised them for being clear communication, local expert, honest, responsive, supportive, dedicated and friendly

  •   4.9   (243 reviews)
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Philip Middlemiss

Sellers who recommend Philip Middlemiss have praised them for being local expert, clear communication, responsive, supportive, well-prepared, strategic and reliable

  •   5   (127 reviews)
  •  18 Reviews in Melbourne
  •  14 Sales in Melbourne
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Lizzie Zhang

Lizzie Zhang is a recommended agent for Melbourne.  They have 12 local sales and collected 9 local reviews across the last 12 months.

  •   5   (13 reviews)
  •  9 Reviews in Melbourne
  •  12 Sales in Melbourne
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