401/87 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

401/87 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 75m2
Land area: 1957m2
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Property Details for 401/87 Franklin St, Melbourne

401/87 Franklin St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2001. The property has a land size of 1957m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last transferred in October 2019.

Building Type
Unit
Year Built
2001
Floor Size
75m2
Land Size
1957m2
Local Government
Melbourne
Lot/Plan
401/PS411688

Last Listing description (June 2017)

This stunning apartment is located on the 8th floor. Located only moments to the Queen Victoria Market, Melbourne Central, opposite Aldi Supermarket, Melbourne University precinct, close to RMIT, the central business district of Melbourne and public transport are only metres away.
Apartment features:
- Intercom entry

- Open plan meals/dining/lounge opening to a balcony
- Two bedrooms both fitted with built in robes
- Central bathroom
- European laundry
Amenities include heated swimming pool gym & sauna.
ADVERTISED INSPECTION TIMES displayed on this page are subject to cancellation or change.
The first month's rent and bond are to be paid in advance by direct credit or bank cheque/s
For more information, please contact our office on 0403 626 136.

Property History for 401/87 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Transferred
01 Oct 2019
Listed for Rent
$630/w
28 Jun 2017
  • 01 Oct 2019
    Transferred
  • 20 Jun 2017
    Listed for Rent - Price not available
  • 24 Feb 2003
    Sold for $246,000
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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, 2749 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.