308/253 Franklin Street, Melbourne, VIC 3000 | Apartment for rent | OnTheHouse
 
FOR RENT
$445 Per Week - Furnished

308/253 Franklin Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Available From
Monday 23 February 2026| Bond $1,945.000
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Furnished Studio Apartment Next To QVM

A short stroll from the famous Flagstaff Gardens and Queen Victoria Market, this stylishly furnished studio is a cozy gem to rent.
Easy to access and on the third floor, other features include:
-Secure entry and secure floor access
- Contemporary interior design
- Bright and spacious balcony
- Stone benches in the kitchen
- Quality stainless steel appliances
- Living and meals areas
- Reverse cycle split system air-conditioning
This prime city location is a quick, effortless walk to the train, trams, Docklands, RMIT, University of Melbourne, Royal Melbourne Hospital and Royal Children's Hospital.
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Property Details for 308/253 Franklin St, Melbourne

308/253 Franklin St, Melbourne is a 1 bedroom, 1 bathroom Apartment. The place is currently for rent with Diamond Property Management.

Building Type
Apartment
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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 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% 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 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.

Melbourne has 64,285 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:

  • The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
  • Houses have a median rent of $640 while Units have a median rent of $670.
There are currently 252 properties listed for sale, and 351 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2785 properties were sold in the past 12 months in Melbourne.

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James Ollaik
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Diamond Property Management
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