1503/243-263 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1503/243-263 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 59m2
Land area: 1660m2
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Last updated 19 Jan 2026
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Property Details for 1503/243-263 Franklin St, Melbourne

1503/243-263 Franklin St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2012. The property has a land size of 1660m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in April 2010.

Building Type
Unit
Year Built
2012
Floor Size
59m2
Land Size
1660m2
Local Government
Melbourne
Lot/Plan
1503A/PS628109

Last Listing description (January 2026)

A north-facing presentation of spacious indoor/outdoor style, this alluring 2 bedroom apartment is positioned to please directly facing Queen Victoria Market. Take an easy stroll to top-ranking universities, Flagstaff Gardens, Asian groceries, lively laneway cafes, free city trams, Melbourne Central attractions, and all the vibrancy of the neighbouring market.Basking in northern light 15 floors high in the superbly central Infinity 88 complex, the air-conditioned comfort of roomy open-plan living and dining benefits from floor-to-ceiling glass lining the perimeter. Make a seamless transition to a full-width sheltered balcony, ideal for entertaining in style with breathtaking views as far as the eye can see, sweeping over the city skyline towards the mountainous horizon. A streamlined kitchen showcases slick stone surfaces, a gas cooktop, and a dishwasher. Privately separated by the living space, the robed bedrooms are generally scaled and filled with light, serviced by a deluxe bathroom with a fully tiled shower area and a wall-to-wall mirror. Additionally, one of the bedrooms enjoys direct access to the balcony.Special features include split-system heating and cooling, a Euro laundry, roller blinds, recessed down-lighting, and intercom security. Inspect this sun-drenched gem today!Outgoings:Council Rates: $262.80 per quarter approx.Water Rates: $184.25 per quarter approx.Owners Corporation Fees: $1186.84 per quarter approx.Potential Rental Income: $626 per week approx.* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property History for 1503/243-263 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$465,000
24 Apr 2010
Listed for Rent
$450/w
08 Apr 2022
  • 08 Jan 2026
    Listed for Sale $420,000
  • 08 Apr 2022
    Listed for Rent $450 / week
  • 20 Sep 2021
    Listed for Rent $300 / week
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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 64,279 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, 2744 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.