1505/87 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1505/87 Franklin Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 1957m2
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Property Details for 1505/87 Franklin St, Melbourne

1505/87 Franklin St, Melbourne is a 1 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 53m2.

Building Type
Unit
Year Built
2001
Floor Size
53m2
Land Size
1957m2
Local Government
Melbourne
Lot/Plan
1505/PS411688

Last Listing description (April 2018)

**ARRANGE AN INSPECTION TIME ONLINE-DETAILS BELOW**
Spacious 15th floor, one bedroom apartment offering bright and modern facilities and so close to RMIT and Queen Vic Markets!
Features open plan living area downstairs with euro style kitchen equipped with dishwasher & fridge, plus a sizable balcony offering city views. Additional features including air conditioning, additional storage under the staircase plus a bonus storage room upstairs, and an upstairs loft with double sized bedroom featuring built in robes and ensuite bathroom.

Full laundry facilities including a washing machine and dryer and use of the complex facilities of heated indoor lap pool, gym and sauna.
Just walking distance to RMIT, Melbourne University, Melbourne Central Station, and all that the city has to offer.
Arranging an inspection is simple!
To book a time to inspect, click on the Virtual Tour or Email Agent link and follow the prompts.
By registering, you will be instantly informed of any updates or changes to your appointment.

Property History for 1505/87 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Listed for Rent
$420/w
15 Mar 2018
  • 05 Mar 2018
    Listed for Rent $420 / week
  • 30 Jul 2015
    Listed for Rent $410 / week
  • 09 Jul 2013
    Listed for Rent $400 / 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 64,229 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.