512/87 Franklin StreetMelbourne VIC 3000
Property Details for 512/87 Franklin St, Melbourne
512/87 Franklin St, Melbourne is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 1 bedroom Apartment sold in Melbourne in the last 12 months.
Last Listing description (September 2025)
Perfectly positioned in the heart of the action, this spacious, sun-drenched apartment offers an enviable lifestyle of light, space, and convenience. With its generous proportions and vibrant location, it’s a must-see for those seeking both comfort and a premium inner-city lifestyle.
- Good size bedroom with built in robe
- Full kitchen with gas cooking and dishwasher
- Bathroom with marble bench vanity and laundry facilities
- Huge private terrace
- Gym, sauna and swimming pool
- Carpark on title and storage cage
- Owners Corporation Fees: $815 per quarter
- Council rates $250 per quarter approx.
- Water Rates $180 per quarter approx.
- Rent potential $500 - $550 per week
All the delights of the city are yours to be enjoyed. Walk to Queen Victoria Market, RMIT or Carlton Gardens.
Amazing restaurants and cafes all around. It really is a lifestyle purchase.
Conditions of entry - IDENTIFICATION and contact number required, otherwise entry may be refused.
The information about this property has been supplied to us by the property owner, while we have no cause to doubt its accuracy, we provide no guarantee. We cannot attest to the functionality of any fixtures, fittings or inclusions to the property. Land and apartment dimensions and floor/site plans are supplied by third parties. Typing mistakes, omissions, transposing can occur, we provide to assist but make no representation. Buyers must carry out their own due diligence.
Property History for 512/87 Franklin St, Melbourne, VIC 3000
- 25 Sep 2025Sold for $399,000
- 11 Sep 2025Listed for Sale Private Sale $399,000
- 02 Sep 2024Listed for Rent $500 / week
Recent sales nearby
See more recent sales nearby/assets/perm/mwzulk77imi6tfho7nqzhhn2q4?signature=093a5fa74cc2ad192f646ffbe2291f26236044a80c30773aba6f77c42116aa43){kind=logo}
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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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