1308/243-263 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1308/243-263 Franklin Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 24m2
Land area: 1660m2
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Property Details for 1308/243-263 Franklin St, Melbourne

1308/243-263 Franklin St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 1660m2 and floor size of 24m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2012
Floor Size
24m2
Land Size
1660m2
Local Government
Melbourne
Lot/Plan
1308A/PS628109

Last Listing description (September 2023)

Reliance Real Estate Craigieburn proudly presents1308/243 Franklin Street, a modern apartment located on the 13th floor of Infinity 88, offering a convenient and comfortable city living experience in Melbourne. This property is Ideal for savvy investors and professionals looking to add to their property portfolio or seeking a low-maintenance city apartment, or a first home buyer wanting to enter the market comfortably.

Loaded with great features including:
- Well-designed and well-maintained layout: The open-plan and light-filled interior is ideal for a modern lifestyle.

- Fully equipped kitchen: Featuring a double-burner gas cooktop, dishwasher, and ample storage space.
- Private balcony: Enjoy dining and take in the scenic views.
- Bedroom with built-in shelving: Offers convenient storage and flexibility with bi-fold doors.
- Stylish bathroom and laundry nook: Maximizing functionality and convenience.
- Plush carpet and muted color tones: Enhancing comfort and aesthetics.
- Air-conditioning: Provides year-round comfort regardless of the weather.

Prime location: Situated near Flagstaff Gardens, Queen Victoria Market, and various transport links, making it easily accessible to the CBD, RMIT, and the University of Melbourne.

Situated in a highly convenient location and in close proximity to:
- Popular cafes, restaurants & bars
- Supermarkets

Overall, 1308/243 Franklin Street presents an excellent opportunity for urban living in Melbourne, offering modern amenities, a convenient location, and a well-designed layout to cater to both investors and professionals seeking a comfortable city apartment.

For more information or to schedule a viewing, don't hesitate to contact Usman at 0402 688 866 or Jimmy at 0421 212 582.

Please see the below link for an up-to-date copy of the Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist

DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.

Property History for 1308/243-263 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$198,000
07 Aug 2023
Listed for Rent
$350/w
31 Aug 2013
  • 07 Aug 2023
    Sold for $198,000
  • 21 Jul 2023
    Listed for Sale Not Disclosed
  • 20 Aug 2013
    Listed for Rent - Price not available
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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 64,283 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 248 properties listed for sale, and 362 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2752 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.