12/181 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

12/181 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 177m2
Land area: 1543m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 22 Dec 2025
Low

High
Save

Property Details for 12/181 Franklin St, Melbourne

12/181 Franklin St, Melbourne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 1543m2 and floor size of 177m2. While the property is not currently for sale or for rent, it was last sold in August 2020.

Building Type
Unit
Year Built
1994
Floor Size
177m2
Land Size
1543m2
Local Government
Melbourne
Lot/Plan
181L/PS324801

Last Listing description (August 2020)

DUE TO COVID-19 RESTRICTIONS: Online auction held Saturday, 15th August at 10.00am. To register or view the auction, please contact the agent/s or use to following link to register:
https://us02web.zoom.us/meeting/register/tZMtc-yvqDwsE9SWNil3c4pNXZS99VQBfy5K

HOW TO BOOK A PRIVATE INSPECTION: Please select BOOK PRIVATE INSPECTION via the Belle website or submit an enquiry to receive an automated email which will direct you to our private inspection booking.

The vision of Nonda Katsalidis in 1993 was way ahead of its time. One of the first bespoke collection of apartments developed in the city, Melbourne Terrace has, like a great bottle of wine, improved as the years have rolled on. With the thrill of city life right on its doorstep, this totally unique "sky terrace" apartment offers an environment to enliven the senses. The infusion of light and space is accentuated by a double void living room with a 5m ceiling that floods the apartment with sunshine from a highly desirable and sought after northern aspect.

Offering over 170sqm of internal area, the apartment offers grand proportions. The apartment was designed with the owner-occupier in mind with expansive living overlooked by a central and very functional kitchen, 2 oversized double bedrooms, main with ensuite and ample robes, 2nd bathroom, upper level mezzanine lounge/work-from-home space, big laundry and wine store.

This stunning apartment is further advantaged by hydronic heating (a rarity in apartments), full security access and off street parking with a large private storage room.

Due to COVID-19 we will only be conducting private appointments with all the normal protocols in place.

Property History for 12/181 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$1,680,000
08 Aug 2020
  • 08 Aug 2020
    Sold for $1,680,000
  • 22 Jul 2020
    Listed for Sale $1,250,000 - $1,350,000
  • 27 May 1993
    Sold for $385,000
Commute Calculator

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.

Suburb Insights for Melbourne 3000

Market Insights
Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.