903/243-263 Franklin Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
 
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903/243-263 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 24m2
Land area: 1660m2
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Last updated 5 Jan 2026
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Property Details for 903/243-263 Franklin St, Melbourne

903/243-263 Franklin St, Melbourne is a 2 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 24m2. While the property is not currently for sale or for rent, it was last sold in April 2016.

Building Type
Unit
Year Built
2011
Floor Size
24m2
Land Size
1660m2
Local Government
Melbourne
Lot/Plan
903A/PS628109

Last Listing description (June 2016)

Fantastic opportunity to purchase Prime Real Estate in Melbournes CBD
This 1BR apartment is on a secure lease of $1521 per month equating toa massive 7% plus return on investment.
This 9th floor apartment is located opposite the Queen Victoria Marketprecinct close to Universities, Shops, Cafes, Public transport and everything Melbourne has to offer providing a great Lifestyle as well as investment.

Boasting well-appointed appliances and quality recognized brands this apartment features a complete furniture package including 40 inch LCD, leather chairs, fridge, dishwasher, washing machine, clothes dryer, double bed and mattress, sing bed and mattress, cooking appliances and
reverse cycle heating/cooling.
Call now for an inspection!
$240,000 plus buyers

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Property History for 903/243-263 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$217,000
21 Apr 2016
Listed for Rent
$360/w
17 Mar 2015
  • 21 Apr 2016
    Sold for $217,000
  • 26 Feb 2015
    Listed for Rent - Price not available
  • 04 Oct 2014
    Listed for Sale $220,000 to $240,000
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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 64,278 properties. Over the last 5 years, Houses in Melbourne have seen a 51.22% increase in median value, while Units have seen a -4.06% decrease. As at 31 December 2025:

  • The median value for Houses in Melbourne is $2,044,589 while the median value for Units is $436,832.
  • Houses have a median rent of $640 while Units have a median rent of $670.
There are currently 248 properties listed for sale, and 339 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2754 properties were sold in the past 12 months in Melbourne.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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