304/243-263 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

304/243-263 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 304/243-263 Franklin St, Melbourne

304/243-263 Franklin St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
Unit
Year Built
2012
Local Government
Melbourne
Lot/Plan
304A/PS628109

Last Listing description (January 2025)

Melbourne, modern Living at Its Best

Imagine never needing a fridge with the iconic Queen Victoria Market just a stone's throw away. This smart one-bedroom plus study apartment offers an ideal lifestyle for investors, CBD professionals, and first home buyers right in the heart of Melbourne.

Step into a spacious living area that opens to a full-width balcony, perfect for enjoying the city views. The open-plan kitchen boasts stone countertops, a dishwasher, gas top cooking, and a tile splashback. The master bedroom features large fitted robes, and the deluxe bathroom includes ample storage and laundry facilities.

Key Features:

- Split system heating/cooling
- Secure entry
- Resort-style building in an unbeatable location

Highlights:
- Large living area
- Modern, fully equipped kitchen
- Spacious master bedroom with built-in robe
- Intercom entry
- Split system heating & cooling
- Laundry facilities
- Stylish bathroom
- Great storage

Located directly opposite Queen Victoria Market, this immaculate apartment offers an exclusive Melbourne address and immediate vacant possession. With a Walk Score of 99 out of 100, 243 Franklin Street is a Walkers Paradise where daily errands do not require a car.

Additionally, this prime location is a mere four-minute walk from multiple tram stops, including routes 12, 30, and 35. Nearby parks include Flagstaff Gardens, Eades Park, and Eight Hour Reserve.

This superb apartment won't last long. Contact us today to arrange a viewing and secure your place in Melbourne's thriving real estate market!

Property History for 304/243-263 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$345,000
20 Nov 2024
  • 06 Jan 2025
    Sold - Price Undisclosed
  • 05 Aug 2024
    Listed for Sale $360,000 - $380,000
  • 28 Apr 2023
    Listed for Rent $600 Fully Furnished pw
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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 64,281 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:

  • The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
  • Houses have a median rent of $640 while Units have a median rent of $670.
There are currently 247 properties listed for sale, and 367 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2764 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.