Back 328/118 Franklin Street
Off Market

328/118 Franklin Street

Melbourne VIC 3000

1
1
Apartment

Overview

Nova Stargate- Returning Over 7.5%

Be quick to acquire this light-filled and affordable 1 bedroom apartment in an excellent location with nil vacancy. Features a good size bedroom, beautifully equipped kitchen laundry facilities, modern bathroom,huge terrace, heating/cooling, storage and all furniture. This apartment is securely leased to Nova Stargate till September 2011 with 2x 5 year options, returning approx $15000 pa with attractive rent reviews. View by appointment only.

Features

1 bedroom
1 bathroom
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 328/118 Franklin Street is $345.27k.

Median value
$345.27k
Estimated value range
$39k - $935k
Median days on market
37
Estimated value trend
-1%
decrease 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 328/118 Franklin Street

2025
Rented
Undisclosed
Leased on 09 Dec 2025 by Harcourts Melbourne City
2024
Rented
Undisclosed
Leased on 06 Feb 2024 by Harcourts Melbourne City
2011
Sold
Undisclosed
Private Sale/Treaty on 30 Mar 2011

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 134 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 587 one-bedroom apartments similar to 328/118 Franklin Street, have been sold.

This represents a 13% increase in one-bedroom apartments sales when compared to the previous 12 months.

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