604/253 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
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604/253 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 83m2
Land area: 1660m2
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Last updated 22 Dec 2025
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Property Details for 604/253 Franklin St, Melbourne

604/253 Franklin St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2011. 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 November 2021.

Building Type
Unit
Year Built
2011
Floor Size
83m2
Land Size
1660m2
Local Government
Melbourne
Lot/Plan
604/PS628109

Last Listing description (March 2023)

Situated in a highly sought-after location directly opposite the famous Queen Victoria Market, this sixth floor two-bedroom apartment offers wide-range appeal for both owner-occupier and the savvy investor.

Showcasing an environmentally sustainable design, modern appliances, split system, laundry including washing machine and dryer, LCD T.V, security entrance with intercom, access to bike storage and of course those spectacular views from the super spacious private balcony, this apartment is quick to set the benchmark for convenient inner city living.

With the best of Melbourne literally at your doorstep, it is only short stroll to Flagstaff Gardens, RMIT and University of Melbourne, Melbourne Central, Flagstaff Station, Errol Street cafes and shops, Bourke Street Mall, Southern Cross Station and some of Melbourne's best cafes, restaurants and entertainment venues.

Apartment 1102 is a sensational space with a location to match!

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Property History for 604/253 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$395,000
06 Nov 2021
Listed for Rent
$450/w
21 Aug 2020
  • 06 Nov 2021
    Sold for $395,000
  • 09 Aug 2021
    Listed for Sale ESR: $395,00 TO $418,000
  • 21 Aug 2020
    Listed for Rent $450 / 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 64,229 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 232 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2748 properties were sold in the past 12 months in Melbourne.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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