Back 711/118 Franklin St
Off Market

711/118 Franklin St

Melbourne VIC 3000

2
1
Apartment

Overview

Frankly Look No Further

Affordable opportunity to own this fully furnished 2 bedroom apartment that is a cut above the rest. Features include light filled living area, built in robes, reverse cycle heating and cooling, fully functional kitchen, concealed laundry and private balcony with vibrant city view. Perfect for owner occupier or the most savvy of investors. Currently leased until December 2010 with a rental return of $440pw. Close to Queen Victoria Market, transport, universities and everything that Melbourne has to offer. A delight to inspect for all.

Features

2 bedrooms
1 bathroom
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Melbourne over the last 12 months, the estimated median property value of 711/118 Franklin St is $545.56k.

Median value
$545.56k
Estimated value range
$230k - $2.95m
Median days on market
48
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 711/118 Franklin St

2025
Rented
Undisclosed
Leased on 02 May 2025 by Galldon Real Estate
2024
Rented
Undisclosed
Leased on 20 Mar 2024 by Galldon Real Estate
2019
Rented
Undisclosed
Leased on 12 Dec 2019 by Galldon Real Estate

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 2 bedroom apartments in Melbourne

In the last 12 months, 814 two-bedroom apartments similar to 711/118 Franklin St, have been sold.

This represents a 11% increase in two-bedroom apartments sales when compared to the previous 12 months.

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