301/263 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

301/263 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 47m2
Land area: 1660m2
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Property Details for 301/263 Franklin St, Melbourne

301/263 Franklin St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 1660m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in January 2017.

Building Type
Unit
Year Built
2015
Floor Size
47m2
Land Size
1660m2
Local Government
Melbourne
Lot/Plan
301B/PS628109

Last Listing description (October 2025)

THIS IS A BREAKLEASE PROPERTY

Situated in one of Melbournes most desirable locations, this fully furnished 2-bedroom apartment offers the ultimate urban lifestyle. Perfect for professionals, students, or anyone looking for a modern, hassle-free living space with prime access to Melbournes CBD.

Enjoy breathtaking views of the bustling Queen Victoria Market and Flagstaff Gardens from the comfort of your undercover balcony. The spacious living area is bathed in natural light, featuring reverse cycle heating and cooling for year-round comfort.

The open-plan kitchen is equipped with sleek European appliances, and the apartment comes fully furnished with contemporary furnishings throughout, ensuring a ready-to-move-in experience. The master bedroom enjoys magnificent views and both bedrooms feature built-in robes for ample storage.

The modern bathroom is complemented by a separate laundry for added convenience. Secure intercom entry offers peace of mind in this sought-after city location.

Key Features:
- Fully furnished 2-bedroom apartment
- Spacious living area with reverse cycle heating and cooling
- Modern kitchen with European appliances
- Master bedroom with stunning views of Queen Victoria Market
- Built-in robes in both bedrooms
- Modern tiled bathroom with separate laundry
- Secure intercom entry
- Walking distance to RMIT, Melbourne University, and all CBD attractions

Note: The rent will be increased on 20th of December 2025 to $625.00 per week

Located at the heart of Melbournes vibrant city life, this apartment offers everything you need for a comfortable and convenient living experience. Available for lease now!

Property History for 301/263 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$386,000
13 Jan 2017
  • 17 Sep 2025
    Listed for Rent $615 / week
  • 29 Nov 2024
    Listed for Rent $600 / week
  • 13 Jan 2017
    Sold for $386,000
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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.