505/155 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

505/155 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 4236m2
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Property Details for 505/155 Franklin St, Melbourne

505/155 Franklin St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2015. The property has a land size of 4236m2. While the property is not currently for sale or for rent, it was last transferred in February 2024.

Building Type
Unit
Year Built
2015
Land Size
4236m2
Local Government
Melbourne
Lot/Plan
F505/PS643381

Last Listing description (August 2023)

Metres to the gourmet delights of the Queen Victoria Market and an easy stroll into the centre of Melbourne, this ultra-smart inner-city base is a perfect opportunity for anyone
looking for convenience, lifestyle and location in one.

Situated in a sophisticated complex that provides residents with an indoor pool, fully- equipped gym, sauna and sun-drenched BBQ terrace with city views, the home is as

effortlessly functional as it is simply stylish.

A wall of bi-fold doors can be thrown back to blur the boundary between the light-filled living/dining zone and spacious north-facing alfresco balcony, while the layout is also
desirably open plan to the supremely practical stone kitchen which boasts quality Bosch appliances (semi-integrated dishwasher) set in designer cabinetry. Able to accommodate a double with ease, the bedroom is peaceful and inviting offering chic library shelving, mirrored built in storage and serviced by a gleaming bathroom - a handy
study nook, Euro laundry, split system and secure entry to the building round off an exciting urban abode.

Close to transport & dining options and within easy reach of RMIT and Melbourne University, this could equally be a great student base, well-located investment or sleek city
bolthole.

Property History for 505/155 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Transferred
28 Feb 2024
  • 28 Feb 2024
    Transferred
  • 16 Jan 2023
    Sold for $352,000
  • 29 Dec 2022
    Listed for Sale $340,000 - $370,000
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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, 2748 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.