2111/87 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

2111/87 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 1957m2
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Property Details for 2111/87 Franklin St, Melbourne

2111/87 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 87m2. While the property is not currently for sale or for rent, it was last sold in February 2013.

Building Type
Unit
Year Built
2001
Floor Size
87m2
Land Size
1957m2
Local Government
Melbourne
Lot/Plan
2111/PS411688

Last Listing description (January 2017)

With centrality envious to all in the CBD, an abundance of natural light in the bedrooms and living, unencumbered views back into the city and to the mountains, leaves none wondering why 87 Franklin is eternally popular for all.
Oversized apartments are becoming a commodity in themselves, adding a large loft style apartment to your portfolio is a no brainer. Ever popular for tenants due to Melbourne's locale and all it has on offer, with easy access to top universities and all public transport, a vast array of international cuisine, Queen Victoria Market and Melbourne Central, vacancy concerns will be a thing of the past.
Elegantly designed with open plan living and dining, sleek kitchen with modern appliances (including dishwasher), bathroom and euro laundry, large master bedroom , generous balcony and brand new air conditioner.

PHOTO ID REQUIRED AT ALL INSPECTIONS PLEASE NOTE: Open for Inspection!
Available Date: 21/09/2016
Term: 12 months
Times and Property Availability is subject to change or cancellation without notice.
Inspection:
Please send contact Erin on 0467 440 007 or email to: rental@startreal.com.au to register your interest and organize your private inspection.

Property History for 2111/87 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$552,000
09 Feb 2013
Listed for Rent
$620/w
19 Jan 2017
  • 01 Sep 2016
    Listed for Rent - Price not available
  • 03 Mar 2015
    Listed for Rent - Price not available
  • 20 Feb 2013
    Listed for Sale Not Disclosed
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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, 2749 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.