706/243 Franklin Street, Melbourne, VIC 3000 | Apartment for sale | OnTheHouse
FOR SALE
$230,000 - $250,000

706/243 Franklin Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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High-Demand CBD Opportunity Opposite Queen Victoria Market

Enjoy the very best of Melbourne's city lifestyle from this well-appointed one-bedroom apartment, ideally positioned directly opposite the iconic Queen Victoria Market in one of the CBD's most sought-after precincts.
Whether you're seeking a convenient city residence, a secure investment or a low-maintenance Melbourne base, this fully furnished apartment delivers outstanding appeal with every lifestyle amenity at your doorstep.
Designed for modern urban living, the intelligently planned layout features a bright open-plan living and dining area extending to a private balcony, creating a welcoming space to relax and unwind. The contemporary kitchen is equipped with quality appliances including a dishwasher, while split-system heating and cooling ensures year-round comfort.
The good-sized bedroom is complemented by a well-presented bathroom and a practical European laundry complete with washing machine and dryer. Offered fully furnished, the apartment presents an exceptional turnkey opportunity for both owner-occupiers and investors.
Residents enjoy secure intercom entry and convenient bike storage facilities, while the location places you within easy walking distance of RMIT University, the University of Melbourne, Flagstaff Gardens, Melbourne Central, Bourke Street Mall, Southern Cross Station and an endless selection of cafes, restaurants and entertainment options.
Offering exceptional convenience in the heart of Melbourne, this is an outstanding opportunity to secure a quality city apartment in a location that continues to attract strong owner-occupier and rental demand.
Disclaimer: We have in preparing the content used our best endeavours to ensure that the information contained is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Prospective purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs Victoria. Click on the link for a copy of the due diligence check-list from Consumer Affairs Victoria. http://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 706/243 Franklin St, Melbourne

706/243 Franklin St, Melbourne is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with AREAL PROPERTY.

Building Type
Apartment
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. There are 9 parks, covering nearly 2.5% of the 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 64,355 properties. Over the last 5 years, Houses in Melbourne have seen a 1.23% increase in median value, while Units have seen a -5.07% decrease. As at 31 May 2026:

  • The median value for Houses in Melbourne is $1,426,624 while the median value for Units is $434,769.
  • Houses have a median rent of $718 while Units have a median rent of $680.
There are currently 299 properties listed for sale, and 211 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2644 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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Kay Lim
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Jason Low
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AREAL PROPERTY
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.