602/253 Franklin Street, Melbourne, VIC 3000 sold on 21 April 2025 | OnTheHouse
SOLD
Sold on 21 Apr 2025 - Price Unavailable

602/253 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Property Details for 602/253 Franklin St, Melbourne

602/253 Franklin St, Melbourne is a 2 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 2 bedroom Apartment sold in Melbourne in the last 12 months.

Building Type
Apartment

Last Listing description (April 2025)

Bright, inviting and superbly positioned, this stylish 2 bedroom, 1 bathroom apartment offers a contemporary low-maintenance lifestyle ideal for first home buyers, young professionals and the savvy investor.

Bathed in beautiful northerly light, stress-free interiors provide open-plan living/dining (split system heating/AC), modern well-appointed kitchen, enclosed balcony (ideal for year round entertaining), plus building amenities including bike storage, BBQ area and courtyard.

Relish in a prized lifestyle location just a stroll to Queen Victoria Market, RMIT, University of Melbourne, Flagstaff Gardens, Melbourne Central, Bourke Street Mall, Southern Cross Station and some of Melbourne's best cafes, restaurants and entertainment venues.

Disclaimer: We have in preparing the content used our best endeavours to ensure that the information contained is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Prospective purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs Victoria. Click on the link for a copy of the due diligence check-list from Consumer Affairs Victoria. http://www.consumer.vic.gov.au/duediligencechecklist

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

A timeline of how this property has performed in the market
Last Sold
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. 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, 2749 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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Jason Low
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Aaron Tan
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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.