1701/87 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
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1701/87 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 1957m2
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Property Details for 1701/87 Franklin St, Melbourne

1701/87 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 85m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
Unit
Year Built
2001
Floor Size
85m2
Land Size
1957m2
Local Government
Melbourne
Lot/Plan
1701/PS411688

Last Listing description (January 2022)

Seize this opportunity to live in one of the exclusive Franklin lofts, with this deluxe dual-level apartment. Designed to impress, full-height windows capture glorious sun, that radiates throughout the open-plan design including living/dining, immaculate kitchen and balcony entertaining with beautiful views. The upper-level is dedicated to 2 huge bedrooms and pristine bathroom, complemented by split system heating/AC and wall panel heaters.
Residents will also enjoy the use of the resort style facilities including a heated pool, spa, gym, underground parking and bike facilities, minutes to the Queen Victoria market, RMIT, Lygon St restaurants, Melbourne Central Shopping Centre and train station.

***IMPORTANT *** In line with the Victorian Government COVID-19 guidelines, QR code sign in is required at all sites. Please ensure you register for an inspection as spaces may be limited due to density limits and priority will be given to pre-registered clients.

To arrange a time to inspect this property, click Book an Inspection Time or Email Agent to access our online booking system. By registering, you will be INSTANTLY informed of any updates, changes, or cancellations for your appointment.

Whilst we endeavour to represent this property information to the best of our knowledge and have no reason to doubt any inaccuracy, this information has been provided to us by the property owner and we therefore accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in any information. We encourage buyers to make their own enquiries and refer you to the due diligence checklist provided by Consumer Affairs for further information: http://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 1701/87 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$610,000
10 Jan 2022
Listed for Rent
16 Aug 2021
  • 10 Jan 2022
    Sold for $610,000
  • 17 Sep 2021
    Listed for Sale $630,000 - $650,000
  • 30 Jun 2021
    Listed for Rent $525 / 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 64,237 properties. Over the last 5 years, Houses in Melbourne have seen a 33.17% increase in median value, while Units have seen a -4.37% decrease. As at 28 February 2026:

  • The median value for Houses in Melbourne is $1,808,781 while the median value for Units is $436,528.
  • Houses have a median rent of $650 while Units have a median rent of $675.
There are currently 254 properties listed for sale, and 181 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2776 properties were sold in the past 12 months in Melbourne.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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