16/79-81 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
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16/79-81 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 87m2
Land area: 771m2
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Property Details for 16/79-81 Franklin St, Melbourne

16/79-81 Franklin St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 1875. The property has a land size of 771m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
Unit
Year Built
1875
Floor Size
87m2
Land Size
771m2
Local Government
Melbourne
Lot/Plan
16/RP19189

Last Listing description (March 2021)

Every now and then a property comes along that is crafted to perfection. This is one of those rare properties and was featured in Australias most popular design blog, The Design Files.

Located in the Currie and Richards building circa 1875, the apartment is nestled away at the rear of the building, it is quiet and peaceful, yet moments from the action. The owners have undertaken a complete renovation, painstakingly crafting a home where no detail was overlooked.

Upon entering the apartment you are immediately taken by the natural light that fills the room. The kitchen, with custom concrete benchtops and an island bench, finished in a polished Statuario marble with a waterfall edge, the combination of materials used here works perfectly. Featuring an integrated dishwasher and an abundance of storage, you will delight in the Queen Victoria Market at the end of the street for all your fresh produce to come home and create a masterpiece.

Stepping down to the living area, glimpses of a bygone era of craftsmanship is evidenced in the windows where small bubbles on what is the original blown glass panels in the restored sash window. The outdoors have been brought in, with different plants displayed on the custom cabinetry. Relax and unwind on the cushioned bench seat, it is the perfect living room with the comforts of split system heating and cooling.
Moving upstairs, admire your artworks in the recessed wall which are complimented with lighting for the full effect. The dramatic ceiling light at the top of the staircase sets the tone for what is about to come on this floor. The installation of the central custom skylight ensures natural light streams through year-round and is solar opening with a built-in rain sensor, fly screen, and touchscreen remote control.

The spacious master suite is a retreat from City life and easily fits a king bed. Wake up and see the sky through the openable roof window, or allow the breeze to come through on a warm night, these comforts are rare in the apartment space and a great benefit of being a top floor apartment. With wardrobes and walk-in storage that span the width of the room, LED lights that activate upon opening, built-in draws, and glass display cabinets further adding to the experience. The master is complete with split system heating and cooling and an electric blind for the roof window.

The central bathroom is an absolute standout that rivals some of the best, with a luxurious double shower. The imported NUD pendant lights inspired by Scandinavian design tradition are a show stopper and highlight the sheer height of the ceilings here.

Rounding out the accommodation, the second bedroom is currently used as a home office. The space is versatile for those wanting to work from home or to create a second bedroom.

With the Melbourne City Baths at the end of the street, the beautifully maintained Flagstaff Gardens just a short stroll away, and everything the City is famous for all at your fingertips you will love the lifestyle on offer here.

An incredible chapter awaits you in one of Melbournes most historic buildings.

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Property History for 16/79-81 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$737,000
27 Feb 2021
  • 27 Feb 2021
    Sold for $737,000
  • 27 Jan 2021
    Listed for Sale $580,000 - $620,000
  • 23 Mar 2011
    Sold for $435,000
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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 64,228 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 251 properties listed for sale, and 233 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2747 properties were sold in the past 12 months in Melbourne.

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