1 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1 Franklin Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 22 Dec 2025
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Property Details for 1 Franklin St, Melbourne

1 Franklin St, Melbourne is a 1 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Melbourne

Last Listing description (November 2021)

The Deal
Located in a quiet ideally located building, is this sophisticated renovated one bedroom apartment fully furnished brand new kitchen with stone benchtop, commercial style sink, brand new induction cooktop, brand new oven, full size fridge, smart breakfast bar with leather bar stools and real timber top bench, bedroom consists of comfy double bed, massive wardrobe, small study desk, loungeroom has a real leather lounge with chaise, wall mounted tv. There is an abundance of storage in the kitchen with all the utensils, cutlery, crockery, brand new induction pots and pan, brand new toaster, kettle, just bring food.

Full size bathroom with brand new sparkling vanity, tiling, rimless toilet, and shower. The laundry is on the same level, coin operated.

The Obvious
Its only a two minute walk to the Melbourne City Baths, RMIT, National Library, with all other amenities close by such as post office, Aldi Supermarket across the road, and all within Melbourne Free Tram Zone. Not even do you have all this at your doorstep, but also Queen Victoria Market is just a block away.

The Fine Print
Inspection times advertised, international students very welcome, as the building already has many happy international enjoying Melbourne and reaping the rewards of the best education available.

Applications through 1form only.
WITH RESPECT TO THE CURRENT HEALTH PANDEMIC COVID19 INSPECTIONS FOR ANY PROPERTY UNDER MY MANAGEMENT WILL BE CONDITIONAL VIRTUAL INSPECTION BY REQUEST ADHERING TO GOVERNMENT HEALTH WARNING ADVICE.

Property History for 1 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Listed for Rent
$350/w
30 Aug 2022
  • 21 Aug 2020
    Listed for Rent $300 / week
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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 64,229 properties. Over the last 5 years, Houses in Melbourne have seen a -25.47% decrease in median value, while Units have seen a -3.96% decrease. As at 30 November 2025:

  • The median value for Houses in Melbourne is $1,033,829 while the median value for Units is $440,645.
  • Houses have a median rent of $635 while Units have a median rent of $660.
There are currently 252 properties listed for sale, and 231 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2750 properties were sold in the past 12 months in Melbourne.

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Cotality Copyright and Legal Disclaimers about Property Data
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.