2707/87 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

2707/87 Franklin Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 1957m2
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Property Details for 2707/87 Franklin St, Melbourne

2707/87 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 65m2. While the property is not currently for sale or for rent, it was last sold in May 2015.

Building Type
Unit
Year Built
2001
Floor Size
65m2
Land Size
1957m2
Local Government
Melbourne
Lot/Plan
2707/PS411688

Last Listing description (September 2016)

High up on the 27th floor has the breathtaking view of the city extend upstairs to the bedroom level. Good size bedroom with build-in large wardrobe. The bathroom has a spacious ensuite with laundry facilities. Bright and spacious living areas have floor-to-ceiling double glazed windows. An ultra-modern kitchen contains stainless steel appliances with an inside storeroom and an extra storage room on level 21. This 1-bed loft-style apartment situated in the heart of CBD with an amazing location just moments to RMIT University, University of Melbourne, Queen Victoria Market, Melbourne Central and China town. Allow you easily reach to all the restaurants and shopping Centre in the city. On the fourth floor, the building provides gym facilities, swimming pool and sauna.

Property History for 2707/87 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$393,000
26 May 2015
Listed for Rent
$430/w
20 Mar 2010
  • 26 May 2015
    Sold for $393,000
  • 07 May 2015
    Listed for Sale Not Disclosed
  • 20 Jun 2011
    Sold for $355,000
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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 64,248 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 250 properties listed for sale, and 255 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2735 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.