1311/87 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1311/87 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 1957m2
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Property Details for 1311/87 Franklin St, Melbourne

1311/87 Franklin St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 1957m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Year Built
2001
Floor Size
84m2
Land Size
1957m2
Local Government
Melbourne
Lot/Plan
1311/PS411688

Last Listing description (July 2022)

- The always popular Franklin Lofts has an offering perfect for you
- Spacious 82m2 internally + the balcony & storage room
- Be drawn in by the huge light filled open plan living/dining area

- Living room enjoys a double height void creating the "Loft"
- Step out & enjoy the bustling city vibe from the balcony
- Kitchen features gas cook top and has ample cupboard & bench space
- Townhouse style apartment enjoys two levels
- Upstairs comprises two generous bedrooms both with windows & robes
- Large bathroom in excellent condition & includes laundry
- Split system heating & cooling makes for comfortable living
- Significant under-stair storage is very handy
- Additional secure lock up storage room a huge bonus
- Secure building & car park with onsite building manager
- Communal pool, spa & sauna a great asset to the building
- Positioned in the Melbourne University High School Zone
- Easy walk to the Queen Victoria Market
- Melbourne's bars, caf's, sports, theatres & parks all a short stroll away
- Transport options nearby are plenty
- Perfect first home or always popular with tenants if investing

Property History for 1311/87 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$646,000
08 Jun 2022
  • 08 Jun 2022
    Sold for $646,000
  • 28 Apr 2022
    Listed for Sale For Sale - $670,000
  • 30 May 2014
    Listed for Sale AUCTION
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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.

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.