1010A/8 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1010A/8 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 4077m2
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Last updated 2 Mar 2026
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Property Details for 1010a/8 Franklin St, Melbourne

1010a/8 Franklin St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 4077m2 and floor size of 54m2.

Building Type
Unit
Year Built
2007
Floor Size
54m2
Land Size
4077m2
Local Government
Melbourne
Lot/Plan
1010A/PS512424

Last Listing description (February 2026)

The Phone Code for this property is: 99606. Please quote this number when phoning or texting.

**This property has just leased for a fixed 1-year period at $810 pw unfurnished**
**Private inspection only per request.

Positioned on the 10th floor of the tightly held Milano Apartments, this freshly renovated two-bedroom apartment offers the ideal balance of elevation and comfort - sitting just three levels above the facilities floor. This thoughtful positioning makes it especially appealing for those seeking apartment living without excessive height or vertigo concerns.

A rare on-title car parking bay further enhances owner-occupier appeal, rental demand and long-term investment value.

The apartment is completely turn-key, featuring:
Brand new engineered flooring
Freshly painted interiors
Reverse-cycle heating and cooling
Holland blinds
Double-glazed sliding doors

The smart and efficient floor plan includes dual ensuite access, stone kitchen finishes, 2.7m ceilings, floor-to-ceiling glazing and a north-facing balcony that captures natural light throughout the day.

Residents enjoy access to premium resort-style facilities, including a heated pool, gym, spa, sauna, tennis court, cinema and 24-hour concierge service.

Ideally located just a short walk to Melbourne Central Station and the Metro, and only moments from QV, Queen Victoria Market, RMIT University, Melbourne University, dining precincts and retail hubs - this property sits at the heart of Melbourne's education and lifestyle corridor.

With strong rental performance, low vacancy risk and proven CBD demand, this renovated apartment represents an outstanding opportunity for investors and owner-occupiers alike.

Property History for 1010a/8 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
  • 29 Jan 2026
    Listed for Sale $480,000 - $500,000
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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 64,321 properties. Over the last 5 years, Houses in Melbourne have seen a 51.77% increase in median value, while Units have seen a -4.12% decrease. As at 31 January 2026:

  • The median value for Houses in Melbourne is $2,008,911 while the median value for Units is $433,734.
  • Houses have a median rent of $650 while Units have a median rent of $675.
There are currently 255 properties listed for sale, and 177 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2772 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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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.