710/243-263 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

710/243-263 Franklin Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 26m2
Land area: 1660m2
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Last updated 30 Mar 2026
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Property Details for 710/243-263 Franklin St, Melbourne

710/243-263 Franklin St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2011. The property has a land size of 1660m2 and floor size of 26m2. While the property is not currently for sale or for rent, it was last sold in May 2010.

Building Type
Unit
Year Built
2011
Floor Size
26m2
Land Size
1660m2
Local Government
Melbourne
Lot/Plan
710A/PS628109

Last Listing description (March 2026)

Set within Melbourne's vibrant CBD grid, 710/243 Franklin Street presents a compelling investment opportunity combining strong rental appeal with an unbeatable inner-city address. Perfectly positioned opposite the iconic Queen Victoria Market, this smartly designed apartment offers immediate access to Melbourne's most sought-after lifestyle amenities and educational institutions. The thoughtfully configured floorplan maximises space with an open-plan kitchen, dining and living zone extending to a private balcony-ideal for tenants seeking low-maintenance urban living. The contemporary kitchen is equipped with quality appliances and generous storage, while the well-proportioned bedroom includes built-in robes. A modern bathroom and in-apartment laundry facilities enhance everyday functionality. The location is second to none-just moments from RMIT University, the University of Melbourne, Flagstaff Gardens, Melbourne Central and multiple public transport options including free city trams. Surrounded by cafs, restaurants and retail, the property offers enduring tenant demand and long-term investment confidence. A smart addition to any portfolio, this centrally located apartment delivers lifestyle convenience and consistent rental performance in one of Melbourne's most tightly held precincts. Disclaimer: We have in preparing the content used our best endeavours to ensure that the information contained is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Prospective purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs Victoria. Click on the link for a copy of the due diligence check-list from Consumer Affairs Victoria. http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 710/243-263 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$302,500
30 May 2010
Listed for Rent
$295/w
04 Dec 2020
  • 03 Mar 2026
    Listed for Sale $220,000 - $240,000
  • 25 Mar 2025
    Listed for Rent $450 / week
  • 10 Jul 2020
    Listed for Rent $295 / 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 252 properties listed for sale, and 161 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2749 properties were sold in the past 12 months in Melbourne.

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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.