1710/87 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
OFF MARKET

1710/87 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 93m2
Land area: 1957m2
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Property Details for 1710/87 Franklin St, Melbourne

1710/87 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 93m2. While the property is not currently for sale or for rent, it was last sold in April 2016.

Building Type
Unit
Year Built
2001
Floor Size
93m2
Land Size
1957m2
Local Government
Melbourne
Lot/Plan
1710/PS411688

Last Listing description (October 2023)

The spacious split-level two-bedroom apartment is in Melbourne CBD most popular location, being minutes from RMIT, Melbourne University, Queen Victoria Market, and Melbourne Central Station.

This rare find property comes FURNISHED and also features:

Downstairs

- Huge light filled open plan living/dining area enjoys double ceiling height
- Sleek kitchen with European-style appliances, including a dishwasher, gas cook-top, electric oven, ample cupboard & bench space
- One seperate toilet
- Open balcony presenting 180 degrees bustling city views
- Under stair storage room
- Split system heating & cooling

Upstairs
- Two generous size bedrooms both with windows & build in robes
- Large bathroom in excellent condition
- Seperate internal laundry

Building
- One secure car park
- Secure building with onsite building manager
- Communal pool, spa & sauna

Location
- Next to RMIT, close to Melbourne University
- Positioned in the Melbourne University High School Zone
- Easy walk to the Queen Victoria Market, various Supermarkets and retail shops
- A short stroll away to restaurants, bars, cafes, sports, theatres & parks
- 3 mins walk to Central Station, free tram at door step

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Property History for 1710/87 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$600,000
18 Apr 2016
Listed for Rent
$750/w
11 Aug 2023
  • 02 May 2023
    Listed for Rent $800 / week
  • 28 Mar 2022
    Listed for Rent $580 / week
  • 13 Jan 2021
    Listed for Rent $450 / 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.

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© Copyright 2025. 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.

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