306/253 Franklin Street, Melbourne, VIC 3000 sold on 21 November 2025 | OnTheHouse
SOLD
Sold on 21 Nov 2025 for $212,000

306/253 Franklin Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 24m2
Land area: 1660m2
Save

Property Details for 306/253 Franklin St, Melbourne

306/253 Franklin St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 1660m2 and floor size of 24m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2011
Floor Size
24m2
Land Size
1660m2
Local Government
Melbourne
Lot/Plan
306/PS628109

Last Listing description (May 2025)

**Scheduling your property inspection is now a breeze! Simply click on the "Book an Inspection" or "Request a Time" button to secure your appointment. You'll instantly receive a confirmation and be kept up-to-date with any alterations or cancellations concerning your scheduled visit. Please be aware, inspections may be subject to cancellation if no bookings are registered. Make your booking today and take the first step in finding your ideal home**Discover urban living at its best in this fully furnished studio apartment on Franklin Street, ideally positioned just opposite the iconic Queen Victoria Market. Perfectly situated, it's only moments away from RMIT, University of Melbourne, Flagstaff Gardens, Melbourne Central, Bourke Street Mall, Southern Cross Station, and a vibrant array of cafes, restaurants, and entertainment venues.This modern apartment sets the standard for convenient inner-city living, boasting an environmentally sustainable design, stainless steel appliances, a dishwasher, split-system heating and cooling, and a security entrance with an intercom. Enjoy your own private balcony, adding a touch of tranquility to city life.Fully furnished with modern decor, the apartment features high-quality stainless steel appliances, including a dishwasher. The split-system heating and cooling ensure year-round comfort. A secure entrance with an intercom provides peace of mind, while the private balcony offers the perfect space to unwind and take in the city atmosphere.Don't miss out on this opportunity to live amidst Melbourne's dynamic urban scene. Arrange a viewing today and envision yourself calling this vibrant neighborhood home.*Photos are not of actual property however are a representation of the property based on a similar floorplan, its features and age*

Property History for 306/253 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$212,000
21 Nov 2025
Listed for Rent
$350/w
27 Oct 2022
  • 21 Nov 2025
    Sold for $212,000
  • 19 Mar 2025
    Listed for Rent $475 / week
  • 13 Oct 2022
    Listed for Rent $350 / week
Sign in to see more transactions
Commute Calculator

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, 2749 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

Market Insights
Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.