705/243-263 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

705/243-263 Franklin Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 1660m2
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Property Details for 705/243-263 Franklin St, Melbourne

705/243-263 Franklin St, Melbourne is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 1660m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in April 2011.

Building Type
Unit
Year Built
2011
Floor Size
52m2
Land Size
1660m2
Local Government
Melbourne
Lot/Plan
705A/PS628109

Last Listing description (May 2025)

**Scheduling your property inspection is now a breeze! Simply click on the "Book an Inspection" or "Request a Time" button to secure your appointment. You'll instantly receive a confirmation and be kept up-to-date with any alterations or cancellations concerning your scheduled visit. Please be aware, inspections may be subject to cancellation if no bookings are registered. Make your booking today and take the first step in finding your ideal home**Experience the ultimate in urban convenience with this fully furnished studio apartment, perfectly positioned on Franklin Street, directly opposite the renowned Queen Victoria Market. Whether you're a student, professional, or city enthusiast, this exceptional residence places you just moments from RMIT University, the University of Melbourne, Flagstaff Gardens, Melbourne Central, and Southern Cross Station. Enjoy effortless access to some of the citys finest cafes, restaurants, shopping precincts, and entertainment venues, all within walking distance.Designed for modern living, this stylish apartment boasts an environmentally sustainable layout with high-quality finishes throughout. The open-plan design maximizes space and natural light, leading to a private balcony that offers a tranquil retreat from the vibrant cityscape. The sleek kitchen comes equipped with premium appliances, including a dishwasher, while the spacious living area features an LCD TV, ensuring comfort and entertainment at your fingertips.For year-round climate control, a split system heating and cooling unit is installed, while the inclusion of a washing machine and dryer ensures complete convenience. Security is paramount, with a secure entrance and intercom system providing peace of mind. Residents will also enjoy the added benefit of bike storage, making this apartment a perfect fit for those seeking a sustainable and low-maintenance lifestyle.Embrace an unbeatable location and a dynamic lifestyle right in the heart of Melbourne. This is an opportunity not to be missed!

Property History for 705/243-263 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$304,500
29 Apr 2011
Listed for Rent
$500/w
14 Mar 2023
  • 18 Mar 2025
    Listed for Rent $450 / week
  • 26 Jan 2023
    Listed for Rent $500 / week
  • 10 Aug 2016
    Listed for Sale ESR:$390,000 TO $430,000
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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.

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.