801/263 Franklin Street, Melbourne, VIC 3000 sold on 28 May 2026 | OnTheHouse
SOLD
Sold on 28 May 2026 for $390,000

801/263 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Property Details for 801/263 Franklin St, Melbourne

801/263 Franklin St, Melbourne is a 2 bedroom, 1 bathroom Unit and was built in 2012. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 2 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2012
Local Government
Melbourne
Lot/Plan
801B/PS628109

Last Listing description (May 2026)

Prime Melbourne CBD Investment With 8.5% Rental Yield!

Nestled directly opposite the iconic Queen Victoria Market and serene Flagstaff Gardens, this exquisite apartment offers an unmatched standard of city living. Impeccably designed, the residence boasts two bedrooms and a sophisticated bathroom, all within an open-plan layout perfect for both living and dining.

Equipped with split system heating/air conditioning, the stylish kitchen features stainless steel appliances, sleek stone finishes, and an integrated fridge/freezer, seamlessly extending to a private balcony for urban relaxation.

An ideal opportunity for first-time buyers or savvy investors, this residence places the vibrant heart of Melbourne right at your doorstep. Just moments from Flagstaff Station, RMIT, Melbourne University, and an array of top-tier cafes and restaurants, this is your chance to experience the best the city has to offer.

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 801/263 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$390,000
28 May 2026
  • 28 May 2026
    Listed for Sale $390,000
  • 28 May 2026
    Sold for $390,000
  • 09 Apr 2026
    Listed for Rent $650 per week
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. There are 9 parks, covering nearly 2.5% of the 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 64,791 properties. Over the last 5 years, Houses in Melbourne have seen a -28.12% decrease in median value, while Units have seen a 0.93% increase. As at 31 August 2026:

  • The median value for Houses in Melbourne is $1,383,053 while the median value for Units is $444,901.
  • Houses have a median rent of $713 while Units have a median rent of $680.
There are currently 289 properties listed for sale, and 287 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2401 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3000

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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.