504/263 Franklin StreetMelbourne VIC 3000
Property Details for 504/263 Franklin St, Melbourne
504/263 Franklin St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2012. The property has a land size of 1660m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.
Last Listing description (March 2026)
Basking in the warmth of natural light, this fully furnished 1 bedroom apartment is an affordable match for first home owners and investors in search of central convenience. Set on the fifth floor of the midrise Grand 8 complex, take an easy stroll to neighbouring Queen Victoria Market, top-ranking universities, Flagstaff Gardens, restaurant choice, the free tram zone, Flagstaff and State Library trains, and Melbourne Central rail, retail and restaurants.A stone-topped Smeg kitchen features everything at your fingertips with ample storage space, a concealed fridge space, an integrated oven, microwave, 4-burner gas cooktop, and a dishwasher. The nearby dining area attracts sunlight through full-height glass before connecting with an undercover balcony. Always free-flowing, the versatile living area could also be used as a home office or guest bedroom with the addition of air conditioning, a wall-mounted TV, and direct access to the balcony. The generously scaled bedroom is serviced by a sleek bathroom graced with floor-to-ceiling tiles, mirrored cabinetry, and a stone-finished vanity.Take advantage of split-system heating and cooling, a Euro laundry with a Bosch washing machine and dryer, roller blinds, recessed down-lighting, intercom entry, and lift access. Hit the ground running with a selection of furniture and white goods including a Samsung TV, queen-sized bed, fridge/freezer, dining table plus two chairs, and more. Make plans to inspect today!Outgoings:Council Rates: $208.52 per quarter approx.Water Rates: $184.27 per quarter approx.Owners Corporation Fees: $1,290.86 per quarter approx.Potential Rental Income: $470-$520 per week (Furnished)* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.
Property History for 504/263 Franklin St, Melbourne, VIC 3000
- 06 Mar 2026Sold for $325,000
- 16 Feb 2026Listed for Sale $325,000
- 12 Jul 2024Transferred
Recent sales nearby
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0About 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 64,237 properties. Over the last 5 years, Houses in Melbourne have seen a 33.17% increase in median value, while Units have seen a -4.37% decrease. As at 28 February 2026:
- The median value for Houses in Melbourne is $1,808,781 while the median value for Units is $436,528.
- Houses have a median rent of $650 while Units have a median rent of $675.
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