87/87 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

87/87 Franklin Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 85m2
Land area: 1957m2
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Property Details for 87/87 Franklin St, Melbourne

87/87 Franklin St, Melbourne is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2001. The property has a land size of 1957m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in June 1999.

Building Type
Unit
Year Built
2001
Floor Size
85m2
Land Size
1957m2
Local Government
Melbourne
Lot/Plan
87/PS411688

Last Listing description (July 2015)

MORE WANTED!
Only a short walk to the top universities, Queen Victoria Market, Melbourne Central, and a variety of restaurants and cafes nearby. If you are looking for a one bedroom in the heart of the CBD, this apartment will suite all of your needs.
The apartment is located on the 27th floor which gives you a panoramic view of the city skyline. Loft style design split living area, balcony and bedroom area. A huge window spanning two levels gives an abundance of natural light to the apartment. The upstairs bedroom is spacious and with a built-in-robe.

The bathroom has laundry facilities and a large size storage room. Open plan kitchen area with high quality appliances.
One secure car park.
Resort style amenities include, swimming pool, sauna and gym.
Fantastic for lifestyle living in the CBD or investment.

Property History for 87/87 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$282,500
20 Jun 1999
Listed for Rent
$630/w
27 Feb 2015
  • 19 Feb 2015
    Listed for Rent - Price not available
  • 24 May 2013
    Listed for Sale Not Disclosed
  • 14 May 2013
    Listed for Rent - Price not available
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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, 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.