402/87 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 87m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.
Franklin Street puts the best of the city close at hand, and this fourth-floor apartment makes the most of it. Within a contemporary complex, it offers a practical single-level layout with the added bonus of outdoor space that can be hard to find.Inside, the living and dining area sits at the centre of the home alongside a modern kitchen fitted with quality appliances, including a dishwasher. Large glass doors open to the terrace, creating an easy indoor and outdoor connection.Two double bedrooms with built-in robes provide generous accommodation, while additional features include secure video intercom entry, laundry facilities and access to shared resident amenities including a pool and gym.Moments from universities, Melbourne Central, Queen Victoria Market, transport and the countless cafes and restaurants that make city living so appealing, everything is within easy reach.
The size of Melbourne is approximately 2.7 square kilometres. There are 9 parks, covering nearly 2.5% of the 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 64,754 properties. Over the last 5 years, Houses in Melbourne have seen a -13.97% decrease in median value, while Units have seen a -2.46% decrease. As at 30 June 2026:
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