2302/87 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

2302/87 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 1957m2
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Property Details for 2302/87 Franklin St, Melbourne

2302/87 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 86m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
2001
Floor Size
86m2
Land Size
1957m2
Local Government
Melbourne
Lot/Plan
2302/PS411688

Last Listing description (December 2024)

Spacious 87m2 internally + balcony!

Don't miss the chance to own a north-facing loft-style apartment in the CBD, evoking the spirit of New York. This stylish residence is sure to make your friends envious.

Enjoy stunning city skyline views and abundant natural light. The spacious living area features a breakfast bar, under stair storage, gas four-burner stove, marble benchtop, and ample storage in the full-size kitchen, fulfilling all your needs. With air-conditioning, new floating floors and carpet, and a generous balcony, Fully secure with a fob-accessed lobby, intercom and an on-site manager, entertaining becomes a breeze. Plus, access to a spa, gym, and pool adds an extra touch of luxury.

This beautifully presented, spacious two-bedroom apartment immerses you in the vibrant inner-city lifestyle. Situated in Melbourne's university precinct, Free tram zone, Melbourne University High school zone, it's just a short walk from QV, Victoria Markets, Bourke Street Mall, Melbourne Central, the theater district, and an array of world-class restaurants and bars, fulfilling every Melbournian's desires.

*Photo ID required at all First National JXRE open for inspections and auctions. First National JXRE may refuse to provide further information on the property should you prefer not to disclose your full contact information including phone number. Please note that properties listed for auction may be sold prior
Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs.
http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 2302/87 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$628,000
18 Sep 2023
Listed for Rent
$750/w
18 Nov 2023
  • 13 Oct 2023
    Listed for Rent $750 / week
  • 18 Sep 2023
    Sold for $628,000
  • 01 Aug 2023
    Listed for Sale $598,000 - $648,000
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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 64,229 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

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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.