508/87 Franklin StreetMelbourne VIC 3000
Property Details for 508/87 Franklin St, Melbourne
508/87 Franklin St, Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 1957m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in April 2004.
Last Listing description (August 2025)
Situated on the 5th floor of the highly sought after Franklin Lofts development is where you'll find this spacious two story (split-level) city apartment.
Boasts a kitchen with quality appliances including gas cooktop and dishwasher with an open plan Meals / Living area giving way to a huge terrace balcony open to the sky & suited for relaxing.
Upstairs features two large bedrooms with built-in robes, Study with lots of storage space and a central bathroom with a clothes dryer. This property also offers access to a lap pool and gym facilities, secure entry to the foyer and building area as well as an onsite building manager.
The apartment is a short stroll to the Queen Victoria Market, Melbourne Central and has an ALDIs supermarket across the road for all your grocery needs. You will have the convenience of trams and pavement cafes in this well located home.
To apply, please copy and paste following link:
https://our.property/OS1D
Property History for 508/87 Franklin St, Melbourne, VIC 3000
- 30 Jul 2025Listed for Rent $650 / week
- 19 Dec 2023Listed for Rent - Price not available
- 16 Mar 2023Listed for Rent - Price not available
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 64,229 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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