704/253 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

704/253 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 1660m2
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Property Details for 704/253 Franklin St, Melbourne

704/253 Franklin St, Melbourne is a 2 bedroom, 1 bathroom House with 1 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 October 2009.

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

Last Listing description (March 2025)

Furnished Living on Franklin Street

This apartment is a unique offering of space, light, views, location and quality!

Located within the Free Tram Zone opposite the Queen Victoria Markets & barely a 5 minute walk from RMIT University & Flagstaff Gardens is this one bedroom fully furnished apartment perfect for students or those relocating.

The living room is light, bright and super spacious. It comes with couch, dining table/chairs. The kitchen is modern with stone benchtops, an abundance of pantry space and offer stainless steel appliances including electric oven, 2 burner gas cooktop, dishwasher and an fridge as a bonus.

The main bedroom comes with a double size bed and includes built in robes. The second bedroom also comes with a single bed. The central luxurious bathroom perfectly positioned off the entry hall.
Complete Euro laundry (washer and dryer) and the balcony is perfect for entertaining, this apartments is certainly a stand out.

Property History for 704/253 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$384,500
24 Oct 2009
Listed for Rent
$600/w
16 Oct 2023
  • 19 Nov 2024
    Listed for Rent $600 / week
  • 16 Oct 2023
    Listed for Rent $600 / week
  • 11 Aug 2021
    Listed for Rent $321 / 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 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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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.