5/191 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

5/191 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 5/191 Franklin St, Melbourne

5/191 Franklin St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. While the property is not currently for sale or for rent, it was last sold in March 2024.

Building Type
Unit
Year Built
1994
Local Government
Melbourne
Lot/Plan
191E/PS324801

Last Listing description (March 2024)

Immaculate luxury, impeccable style, impressive lifestyle

Newly renovated to immaculate specifications, filled with sleek contemporary style and tasteful luxury, this bright and spacious two-bedroom apartment sets an impressive benchmark for inner-city living.

The expansive central living space unfolds over Brush Box timber parquetry
Includes dedicated formal dining area and home office space
Opens onto a wide covered balcony that offers a welcoming space for entertaining or relaxing
3-meter Venetian plaster ceilings throughout create an enviable air of spaciousness
Ultra-modern kitchen boasts Bora induction cooktop, dual Gaggenau ovens, integrated Miele dishwasher, bespoke illuminated splashback, and butlers pantry with laundry facilities
The customised Nobilia cabinetry provides ample storage
Sublime bathroom with glittering glass mosaic tiles, huge walk-in double shower, serene bath and extra-large mirror
Two bedrooms with generous built-in robes and shelving
Ample storage throughout
Second balcony offers added outdoor space and airflow
New designer light fittings
Hydronic central heating, split-system cooling
Secure audiovisual remote entry
Carspace and large storage cage in secure ground-level garage

PROPERTY SIZE
Internal 119sqm
External 14sqm
Total Size 133sqm

FACILITIES
The boutique Mondo building offers an exclusive space in the Katsalidis-designed Melbourne Terrace complex, where each of the ten apartments delivers its own distinctive design. Each entrance to the building is guarded by unique Greco-Roman sculptures.

LOCATION
Situated right by Queen Victoria Market, the enviable city address delivers an incredible lifestyle, just steps from trams, trains, cafs, restaurants, Melbourne Central, Emporium, Chinatown, Flagstaff Gardens, Lygon Street, RMIT, Melbourne Uni and so much more.

All information including the internal and external property area (floor size, address, and general property description) on the Website has been provided to Lucas Real Estate by third parties.
Information contained on the Website should not be relied upon and home buyers are encouraged to undertake due diligence before a property purchase.

Please contact Lynn Lum on 0474 044 293 or Thomas Tregonning on 0413 317 304 or Mia Chen on 0413 096 455 to discuss this property further.

Property History for 5/191 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$1,258,000
04 Mar 2024
  • 04 Mar 2024
    Sold for $1,258,000
  • 12 Feb 2024
    Listed for Sale $1,150,000 - $1,250,000
  • 26 Apr 2022
    Sold for $975,000
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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.

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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.