501/243-263 Franklin Street, Melbourne, VIC 3000 sold on 03 February 2026 | OnTheHouse
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Sold on 03 Feb 2026 - Price Unavailable

501/243-263 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 50m2
Land area: 1660m2
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Property Details for 501/243-263 Franklin St, Melbourne

501/243-263 Franklin St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2011. The property has a land size of 1660m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2011
Floor Size
50m2
Land Size
1660m2
Local Government
Melbourne
Lot/Plan
501A/PS628109

Last Listing description (February 2026)

Perfectly positioned on the city fringe, this well-presented two-bedroom apartment offers low-maintenance living with an emphasis on light, comfort and unbeatable convenience.

The open-plan living and dining zone is air-conditioned and flows seamlessly to a north-facing balcony, providing a relaxing outdoor retreat and excellent natural sunlight throughout the year. A neat, modern kitchen and bathroom ensure easy everyday living, while the smart floor-plan maximises the apartment's 51sqm (approx.) of internal space.

Location is key, a few minutes away from RMIT, University of Melbourne, Flagstaff Gardens, Melbourne Central, Bourke Street Mall, Southern Cross Station and some of Melbourne's best cafes, restaurants and entertainment venues.

Ideal for owner-occupiers or investors seeking a city-based lifestyle or strong rental appeal, this is an opportunity not to be missed.

Property History for 501/243-263 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
03 Feb 2026
Listed for Rent
$450/w
17 Oct 2022
  • 03 Feb 2026
    Sold
  • 07 Jan 2026
    Listed for Sale UNDER OFFER
  • 20 Sep 2022
    Listed for Rent $450 / 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 64,278 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:

  • The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
  • Houses have a median rent of $640 while Units have a median rent of $670.
There are currently 263 properties listed for sale, and 338 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2796 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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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.