2704/87 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

2704/87 Franklin Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 1957m2
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Property Details for 2704/87 Franklin St, Melbourne

2704/87 Franklin St, Melbourne is a 1 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 58m2. While the property is not currently for sale or for rent, it was last sold in July 2016.

Building Type
Unit
Year Built
2001
Floor Size
58m2
Land Size
1957m2
Local Government
Melbourne
Lot/Plan
2704/PS411688

Last Listing description (April 2016)

Secure your chance to own in the exclusive Franklin loft building with this fantastic one bedroom New York Style split level apartment. Over sized apartments are a rarity these days and with 58 sq of internal space this should be first on the list to inspect! Investors love the returns low vacancy rates whilst occupiers enjoy having everything the C.B.D offers at their fingertips. Featuring city views, good natural light and abundance of storage, open plan living area, and gas four burner stove with fully tiled splash back. Including Air-conditioning in the living, floating floor, great size bedroom and generous balcony, building facilities include a gym pool, and Sauna. What more can you ask for?
Immerse yourself in the inner city locale with this immaculately presented spacious one bedroom apartment. Situated right in the heart of Melbourne's university's precinct, minutes' walk from QV, Victoria Markets, Bourke Street Mall, Melbourne Central, The Theatre district, World class Restaurants and Bars brings you more that any Melbournian could desire. Inquire today.... It might be gone tomorrow!
Before you buy a home, you should be aware of a range of issues that may affect that property & impose restrictions or obligations on you, if you buy it. Harcourts City Residential suggests that all buyers read the due diligence checklist available on our website:

cit yresidential.harcourts.com.au/?Home/?Buy/?Due-diligence-checklist.
Harcourts City Residential is committed to maintaining the protection of the personal information it collects during the course of its business, as it is obliged to do under state & federal legislation. Please find a full copy of our privacy policy on our website: cit yresidential.harcourts.com.au/?Home/?Contact-Us/?Privacy-Policy

Property History for 2704/87 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$388,000
29 Jul 2016
Listed for Rent
$435/w
15 Apr 2015
  • 29 Jul 2016
    Sold for $388,000
  • 11 Jan 2016
    Listed for Sale $390,000
  • 15 Apr 2015
    Listed for Rent - Price not available
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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.