415/87 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

415/87 Franklin Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 1957m2
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Property Details for 415/87 Franklin St, Melbourne

415/87 Franklin St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 1957m2. While the property is not currently for sale or for rent, it was last sold in April 2006.

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

Last Listing description (October 2024)

You will love everything about living in the acclaimed Franklin Lofts building. This apartment is conveniently located right in the heart of the city. You are within walking distance to Queen Victoria Market, Melbourne CBD and Universities and have everything you need right within reach.

This property comes unfurnished and features:

- Double sized bedroom with built in wardrobe

- modern bathroom
- light filled living area with timber flooring
- Laundry facilities in bathroom
- Modern kitchen with, dishwasher, stainless steel appliances & gas cooking
- Private balcony, perfect for entertaining
- Convenient wall heating throughout
- Security building entrance and on-site building manager
- Use of all facilities including fully equipped gymnasium, swimming pool and sauna

Don't miss out on this fabulous 1 bedroom apartment!

Use this link to APPLY NOW! - https://our.property/6mmB

Property History for 415/87 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$100,000
04 Apr 2006
Listed for Rent
14 May 2024
  • 08 May 2024
    Listed for Rent $470 / week
  • 21 Aug 2023
    Listed for Rent $450 / week
  • 15 Mar 2021
    Listed for Rent $290 / week
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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.