56/88-94 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

56/88-94 Franklin Street
Melbourne VIC 3000

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 481m2
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Property Details for 56/88-94 Franklin St, Melbourne

56/88-94 Franklin St, Melbourne is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 481m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in November 1997.

Building Type
House
Year Built
1970
Floor Size
60m2
Land Size
481m2
Local Government
Melbourne
Lot/Plan
56/PS404221

Last Listing description (December 2024)

New Floor covering. Freshly painted in 2021.
Your entering the 3 bedrooms apartment with great location in Melbourne CBD.
Ideally positioned close to all the delights of Melbourne including the Queen Vic Market, Melbourne Central, Lygon Street, Flagstaff Gardens, and both the university and hospital precincts, this dynamic and generously spacious apartment will give you plenty of flexibility.

Enjoy the light and bright open-plan living/dining kitchen with gas cooking plus a sparkling central bathroom with laundry facilities completes this cosy abode.

Property History for 56/88-94 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$183,000
09 Nov 1997
Listed for Rent
$485/w
02 Nov 2022
  • 01 Nov 2024
    Listed for Rent $650 / week
  • 14 Oct 2022
    Listed for Rent $485 / week
  • 19 Oct 2021
    Listed for Rent $350 / week
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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 64,288 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:

  • The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
  • Houses have a median rent of $640 while Units have a median rent of $670.
There are currently 240 properties listed for sale, and 361 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2739 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.