1501/87 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1501/87 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 1957m2
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Property Details for 1501/87 Franklin St, Melbourne

1501/87 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 90m2. While the property is not currently for sale or for rent, it was last sold in April 2016.

Building Type
Unit
Year Built
2001
Floor Size
90m2
Land Size
1957m2
Local Government
Melbourne
Lot/Plan
1501/PS411688

Last Listing description (May 2016)

Seize your opportunity to own a chic New York style loft apartment in the CBD. This funky pad is guaranteed to leave all your friends green with envy.
- Stunning North Eastern views of the city skyline
- Abundance of natural light

- Spacious living area with breakfast bar
- Located in the Prestigious Melbourne University High School zone
- Generous North facing balcony
Immerse yourself in the inner city locale with this immaculately presented spacious apartment!
Harcourts Melbourne City - Real Estate Agents - Property Sales & Leasing - Buy, Sell, Rent
Further Property Information http://melbournecity.harcourts.com.au/Home/Buy/Outgoing-Summaries/26684
our blog http://harcourtscityresidential.wordpress.com/
website www. melbournecity.harcourts.com.au

Property History for 1501/87 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$535,000
30 Apr 2016
Listed for Rent
$550/w
21 Mar 2016
  • 30 Apr 2016
    Sold for $535,000
  • 06 Apr 2016
    Listed for Sale Not Disclosed
  • 07 Mar 2016
    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 64,229 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.