501/263 Franklin St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.
Showcasing the warmth of northern light, this fully furnished 2 bedroom apartment stands out from the crowd as an affordable choice for city professionals and a winning investment with exceptional short-stay accommodation potential. Footsteps from the lush greenery of Flagstaff Gardens and directly facing the iconic Queen Victoria Market, head downstairs and walk to the legal precinct, Hardware Lane alfresco eateries, Asian supermarkets, universities, free city trams and Flagstaff and Melbourne Central trains. This is the life!
This apartment is ideal for first-time buyers, investors, or anyone looking to embrace the dynamic lifestyle of Melbourne. Don't miss out on this fantastic opportunity to own a piece of the city!
The building offers secure entry, lift access, and a communal terrace, perfect for enjoying the stunning views of the Melbourne skyline.
Enjoy an open-plan living and dining area that maximizes natural light, creating a warm and inviting atmosphere. Large windows provide stunning views of the city skyline, making it the perfect backdrop for entertaining or relaxing after a long day.
The well-appointed kitchen features sleek cabinetry, stainless steel appliances, and ample counter space, making it a joy to cook and entertain.
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:
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