2501A/8 Franklin Street, Melbourne, VIC 3000 sold on 31 December 2024 | OnTheHouse
SOLD
Sold on 31 Dec 2024 for $505,000

2501A/8 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 70m2
Land area: 4077m2
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Property Details for 2501a/8 Franklin St, Melbourne

2501a/8 Franklin St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2007. The property has a land size of 4077m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2007
Floor Size
70m2
Land Size
4077m2
Local Government
Melbourne
Lot/Plan
2501A/PS512424

Last Listing description (December 2024)

Located on the 25th floor of the sought-after Milano building, this impressive apartment offers the perfect combination of city convenience and modern luxury. Steps away from Aldi, Queen Victoria Market, RMIT, the University of Melbourne, Melbourne Central, Emporium, QV, Flagstaff Gardens, and the State Library, it also sits within the free tram zone, making transportation a breeze.

This standout 2-bedroom, 1-bathroom apartment also includes an additional powder room and a separate laundry closet. Its spacious open-plan layout offers a seamless flow between the air-conditioned dining and living areas, which open onto a large balcony with impressive views of the Melbourne CBD skyline. The kitchen is fully equipped with an oven, stove, and dishwasher, while the layout ensures a well-defined separation between dining and living spaces-an uncommon find in CBD apartments.

Both bedrooms are generously sized, featuring built-in wardrobes, floor-to-ceiling windows, and plush carpeting for added comfort.

Residents will enjoy access to premium on-site amenities, including a fully equipped gym, heated in-ground pool, spa/sauna, cinema room, and exclusive resident lounge.

This property is a true gem, offering the perfect blend of convenience, style, and city living. It's sure to impress from the moment you step inside!

Property History for 2501a/8 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$505,000
31 Dec 2024
  • 31 Dec 2024
    Sold for $505,000
  • 09 Oct 2024
    Listed for Sale $530,000 - $550,000
  • 21 Apr 2006
    Sold for $457,000
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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.

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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.