6/88-94 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

6/88-94 Franklin Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 46m2
Land area: 481m2
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Property Details for 6/88-94 Franklin St, Melbourne

6/88-94 Franklin St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 481m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in May 2024.

Building Type
Unit
Year Built
1970
Floor Size
46m2
Land Size
481m2
Local Government
Melbourne
Lot/Plan
6/PS404221

Last Listing description (March 2025)

Boasting a vibrant indoor/outdoor layout, this ground-floor 1 bedroom apartment showcases the game-changing allure of an impressive 22.4m2 (approx.) courtyard. First home buyers can enter the market with confidence, while investors will appreciate the outstanding value in the heart of the city. Take a short walk to Queen Victoria Market, Aldi Supermarket, Chinatown, Flagstaff Gardens, world-class universities, free city trams, Melbourne Central and the upcoming State Library Railway Station.

Beyond a welcoming hallway entrance, discover a sparkling kitchen graced with a tiled splashback, ample bench and storage space, and the added benefit of Smeg appliances including a 4 burner gas cooktop. A roomy open-plan living and dining area is framed by floor-to-ceiling glass revealing delightful aspects of the leafy outdoor space. Step outside to a vast north-facing courtyard offering instant respite from the hustle and bustle of the CBD. Featuring an easy-care lawn and raised garden beds, this tranquil hideaway is a genuine surprise. The generously sized and robed bedroom is also hemmed by full-height glass and is serviced by a gleaming bathroom with a shower and laundry capability.

Freshly painted throughout, additional features include panel heating, lightly toned floorboards, roller blinds and intercom security in a low-rise building comprising just 43 apartments. Inspect to be impressed!

Outgoings:
Council Rates: $192.00 per quarter approx.
Water Rates: $170.00 per quarter approx.
Owners Corporation Fees: $1,372.00 per quarter approx.

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property History for 6/88-94 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$360,399
27 May 2024
Listed for Rent
07 Aug 2024
  • 02 Jul 2024
    Listed for Rent $485 / week
  • 27 May 2024
    Sold for $360,399
  • 02 May 2024
    Listed for Sale $360,399
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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.
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.

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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.