701/263 Franklin Street, Melbourne, VIC 3000 sold on 07 November 2025 | OnTheHouse
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Sold on 07 Nov 2025 for $388,000

701/263 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Property Details for 701/263 Franklin St, Melbourne

701/263 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 November 2025. There are other 2 bedroom Apartment sold in Melbourne in the last 12 months.

Building Type
Apartment

Last Listing description (November 2025)

Move in or invest.
- PRICE REDUCED TO $380,000 -
$388,000

North facing

Grat view

Showcasing the warmth of northern light, this fully furnished 2 bedroom apartment stands out from the crowd as an affordable choice for city professionals and a winning investment with exceptional short-stay accommodation potential. Footsteps from the lush greenery of Flagstaff Gardens and directly facing the iconic Queen Victoria Market, head downstairs and walk to the legal precinct, Hardware Lane alfresco eateries, Asian supermarkets, universities, free city trams and Flagstaff and Melbourne Central trains. This is the life!

This apartment is ideal for first-time buyers, investors, or anyone looking to embrace the dynamic lifestyle of Melbourne. Don't miss out on this fantastic opportunity to own a piece of the city!

The building offers secure entry, lift access, and a communal terrace, perfect for enjoying the stunning views of the Melbourne skyline.
Discover urban living at its finest in this stylish 2-bedroom apartment located in the vibrant heart of Melbourne. Perfectly positioned on the 7th floor, this contemporary residence offers a blend of comfort, convenience, and city views that will make you feel right at home.

Enjoy an open-plan living and dining area that maximizes natural light, creating a warm and inviting atmosphere. Large windows provide stunning views of the city skyline, making it the perfect backdrop for entertaining or relaxing after a long day.

The well-appointed kitchen features sleek cabinetry, stainless steel appliances, and ample counter space, making it a joy to cook and entertain.

Property History for 701/263 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$388,000
07 Nov 2025
  • 07 Nov 2025
    Sold for $388,000
  • 25 Jul 2025
    Listed for Sale $388,000
  • 15 Apr 2025
    Listed for Rent $650
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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.

Suburb Insights for Melbourne 3000

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Ofer Rotkopf
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Pagan Real Estate
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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.