2505/87 Franklin StreetMelbourne VIC 3000
Property Details for 2505/87 Franklin St, Melbourne
2505/87 Franklin St, Melbourne is a 1 bedroom, 1 bathroom Unit 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 June 2021.
Last Listing description (July 2021)
Franklin Lofts Apartment is just a short stroll to RMIT, Melbourne Uni, Vic Market and Lygon St, with trams and trains in the immediate vicinity. This amazing location offers easy access to top universities, a vast array of international cuisine and the financial centre of the CBD.
This stunning split-level apartment offers spacious inner-city living, opening to a kitchen/lounge with floating floorboards and quality Smeg Stainless Steel appliances (including gas cooking), windows spanning two levels allow a plenitude of natural light to enter the whole apartment. The balcony provides incredible North Western facing.
The upper level comprises a loft bedroom with built-in robes and a modern bathroom with laundry facilities adjoining generous storage space.
"You must pre-book to attend an inspection. Please contact the agent to arrange this".
Property History for 2505/87 Franklin St, Melbourne, VIC 3000
- 19 Jun 2021Sold for $352,000
- 24 Mar 2021Listed for Sale $350,000-$380,000
- 19 Aug 2015Listed for Rent - Price not available
Recent sales nearby
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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.
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