53/88-94 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

53/88-94 Franklin Street
Melbourne VIC 3000

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 69m2
Land area: 481m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 22 Dec 2025
Low

High
Save

Property Details for 53/88-94 Franklin St, Melbourne

53/88-94 Franklin St, Melbourne is a 3 bedroom, 1 bathroom Unit and was built in 1997. The property has a land size of 481m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in April 2017.

Building Type
Unit
Year Built
1997
Floor Size
69m2
Land Size
481m2
Local Government
Melbourne
Lot/Plan
53/PS404221

Last Listing description (December 2025)

This fully furnished large three-bedroom apartment is a unique property placed near the corner of Elizabeth Street.

Only a block away from RMIT, Queen Victoria Market and surrounded by exciting laneway cafes.

The highlights include:

o A comfortable living area
o Neat and bright kitchen
o Windows in each bedroom providing natural light throughout
o Tidy bathroom with laundry facilities
o Reverse cycle wall heating and air-conditioning to lounge room

Enjoy the pleasant stroll to leafy Flagstaff Gardens, Melbourne University, Royal Melbourne Hospital and the fabulous fashion shopping found in QV, Emporium and Melbourne Central.

DISCLAIMER - We have in preparing this advertisement used our best endeavours to ensure that the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this advertisement. Prospect renters should make their own enquiries to verify the information contained in this advertisement.
The images showcased in this listing may have been enhanced for visual appeal. Enhancements may include, but are not limited to, the addition of fire in fireplaces, lawn greenery, and staging with furniture. These enhancements are intended to showcase the potential of the property. We strive for accuracy in our representations and encourage all interested parties to visit the property in person.

Property History for 53/88-94 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$430,000
06 Apr 2017
Listed for Rent
$930/w
11 Dec 2025
  • 11 Dec 2025
    Listed for Rent $930 / week
  • 26 Oct 2023
    Listed for Rent $750 / week
  • 02 Aug 2021
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

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, 2750 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

Market Insights
Melbourne Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Melbourne Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.