1705/87 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

1705/87 Franklin Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 1957m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 22 Dec 2025
Low

High
Save

Property Details for 1705/87 Franklin St, Melbourne

1705/87 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. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
Unit
Year Built
2001
Floor Size
53m2
Land Size
1957m2
Local Government
Melbourne
Lot/Plan
1705/PS411688

Last Listing description (October 2019)

City living doesnt get much better than this spacious loft style one bedroom apartment situated on the CBD fringe.
Vacant possession offered, Move In Now! Estimated Rental $520-$550 per week
Boasting a spacious living area flooded with natural light, useable balcony with spectacular views over the CBD, Docklands precinct and beyond, a generous sized bedroom with built in robes, massive storage room located adjacent to a large sparkling bathroom with laundry provisions, modern kitchen with granite finishes featuring stainless steel European appliances, with timber flooring throughout living and kitchen areas, reverse cycle heating and cooling, gymnasium, sauna, pool, with many of Melbournes public transport options only moments away.

Located a short stroll from the Queen Victoria Market and Melbournes educational facilities, you will witness first hand why Melbourne is seen to be one of the most liveable cities in the world.

Property History for 1705/87 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$428,500
03 Oct 2019
Listed for Rent
21 Feb 2018
  • 03 Oct 2019
    Sold for $428,500
  • 17 Sep 2019
    Listed for Sale Not Disclosed
  • 29 Jan 2018
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

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

Market Insights
Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.