505/87 Franklin StreetMelbourne VIC 3000
Property Details for 505/87 Franklin St, Melbourne
505/87 Franklin St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2001. The property has a land size of 1957m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in August 1999.
Last Listing description (February 2023)
UNFURNISHED - 60m2x 20m2 Loft one bedroom aparment. Highly sought after and very well presented modern and spacious one bedroom, situated in a fantastic location, with supermarkets, Melbourne Central, tramlines within the free tram zone, Queen Victoria Market and within walking distance to various restaurants & cafes around the CBD.
Comprising open plan lounge/dining area with cooling & heating, modern kitchen with stainless steel appliances, dishwasher and plenty of storage space. Excellent sized bedroom with built in wardrobe, sparkling bathroom with laundry facilities including dryer and further storage space.
NOTE: image/s are indicative only and have been chosen to best reflect apartment advertised but may reflect a different apartment design
*Please note this building has an embedded network for one or more utility supplies.
For further information please speak to your Leasing Executive.
Property History for 505/87 Franklin St, Melbourne, VIC 3000
- 04 Jan 2023Listed for Rent $450 / week
- 20 Mar 2022Listed for Rent $401 / week
- 05 May 2020Listed for Rent - Price not available
Recent sales nearby
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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.
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