602/253 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

602/253 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 83m2
Land area: 1660m2
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Last updated 15 Jun 2026
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Property Details for 602/253 Franklin St, Melbourne

602/253 Franklin St, Melbourne is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2012. The property has a land size of 1660m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in April 2025.

Building Type
Unit
Year Built
2012
Floor Size
83m2
Land Size
1660m2
Local Government
Melbourne
Lot/Plan
602/PS628109

Last Listing description (March 2026)

**Scheduling your property inspection is now a breeze! Simply click on the "Book an Inspection" or "Request a Time" button to secure your appointment. You'll instantly receive a confirmation and be kept up-to-date with any alterations or cancellations concerning your scheduled visit. Please be aware, inspections may be subject to cancellation if no bookings are registered. Make your booking today and take the first step in finding your ideal home**

Situated in a highly sought-after location directly opposite the iconic Queen Victoria Market, this fully furnished two-bedroom, one-bathroom apartment on Franklin Street offers the perfect blend of comfort, style and unbeatable convenience. Just moments from RMIT, the University of Melbourne, Flagstaff Gardens, Melbourne Central, Bourke Street Mall, Southern Cross Station and a vibrant selection of cafes, restaurants and entertainment venues, this is inner-city living at its finest.

Step inside and you'll immediately appreciate the fresh feel of the recently painted interior and brand new carpet throughout. The apartment features an environmentally sustainable design and comes complete with modern appliances, a well-equipped kitchen with stainless steel appliances and a dishwasher, a spacious living area with split system heating and cooling, and a private balcony offering a quiet escape in the heart of the city.

Additional features include a laundry with washing machine and dryer, LCD TV, secure entry with intercom and convenient bike storage. Perfect for students, professionals or anyone seeking a vibrant urban lifestyle, this inviting apartment sets the benchmark for contemporary city living.

Property History for 602/253 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$345,000
21 Apr 2025
Listed for Rent
$600/w
20 Jul 2023
  • 20 May 2025
    Listed for Rent $600 / week
  • 21 Apr 2025
    Sold for $345,000
  • 26 Mar 2025
    Listed for Sale Contact Agent
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. There are 9 parks, covering nearly 2.5% of the 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 64,371 properties. Over the last 5 years, Houses in Melbourne have seen a 1.23% increase in median value, while Units have seen a -5.07% decrease. As at 31 May 2026:

  • The median value for Houses in Melbourne is $1,426,624 while the median value for Units is $434,769.
  • Houses have a median rent of $718 while Units have a median rent of $680.
There are currently 301 properties listed for sale, and 200 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2608 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.