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: -
Floor area: 83m2
Land area: 1660m2
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Last updated 9 Mar 2026
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Property Details for 704/253 Franklin St, Melbourne

704/253 Franklin St, Melbourne is a 2 bedroom, 1 bathroom Unit 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
Unit
Year Built
2012
Floor Size
83m2
Land Size
1660m2
Local Government
Melbourne
Lot/Plan
704/PS628109

Last Listing description (March 2026)

An affordable balance of natural light, free-flowing space and a north-facing position, this fully furnished 2 bedroom apartment boasts a central lifestyle address that speaks for itself! Head downstairs from your 7th floor retreat and enjoy an easy stroll to vibrant Queen Victoria Market, Flagstaff Gardens, world-class universities, transport choice, Melbourne Central, and a crowd-pleasing collection of cafes, bars and restaurants.Roomy open-plan living and dining pivots a stone-topped kitchen showcasing stainless-steel appliances including an oven, dishwasher, microwave and a gas cooktop. Set inside the boutique Infinity 8 complex, step outside to a sheltered north-facing balcony showcasing striking views over Queen Vic Market, the neighbouring skyline, and the mountainous horizon. Enjoy a pair of bedrooms with the main offering built-in robes, while the sleek bathroom is graced with a fully tiled shower area and a laundry nook with a sink, washing machine and a dryer.The stylish furniture and white goods on display includes a Fisher and Paykel fridge/freezer, a dining table with four chairs, two-seater sofa, a wall-mounted Samsung TV, three single beds, and so much more. Additional features include split-system heating and cooling, roller blinds, recessed down-lighting, intercom entry, lift access, and use of a shared BBQ terrace. Inspect this value-packed gem today!Outgoings:Council Rates: $224.04 per quarter approx.Water Rates: $185.76 per quarter approx.Owners Corporation Fees: $1,396.49 per quarter approx.* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

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
  • 24 Feb 2026
    Listed for Sale $360,000 - $395,000
  • 19 Nov 2024
    Listed for Rent $600 / week
  • 16 Oct 2023
    Listed for Rent $600 / 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 64,238 properties. Over the last 5 years, Houses in Melbourne have seen a 33.17% increase in median value, while Units have seen a -4.37% decrease. As at 28 February 2026:

  • The median value for Houses in Melbourne is $1,808,781 while the median value for Units is $436,528.
  • Houses have a median rent of $650 while Units have a median rent of $675.
There are currently 251 properties listed for sale, and 177 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2765 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.