FOR SALE
$370,000 - $395,000

401/243 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 58m2
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One of the best locations in Melbourne's CBD!

Promising one of the best locations in the CBD where you're metres to the iconic Queen Victoria Market as well as having Flagstaff Gardens so close by, this sensational 2 bedroom apartment is an entry level opportunity that awaits keen investor and those looking to buy for the first time.
Living highlights of this property include a spacious central lounge and dining zone which has sliding door access out to a north-facing balcony, low-maintenance stone kitchen with trendy black tiled splashback and stainless steel appliances, main bedroom with built-in robe, 2nd bedroom which could be a study/office, modern bathroom with laundry, reverse cycle heating and cooling, and secure intercom.
Love having all the best city restaurants, bars, and cafes at your doorstep. You're also very close to North Melbourne, Carlton, and Docklands attractions, University of Melbourne, Carlton Gardens, Lygon Street eateries, free trams, and Flagstaff Station.
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Property Details for 401/243 Franklin St, Melbourne

401/243 Franklin St, Melbourne is a 2 bedroom, 1 bathroom Apartment. The property has a land size of 58m2. The place is currently for sale with Melcorp Property.

Building Type
Apartment
Land Size
58m2

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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 2011 was 28,370 people. By 2016 the population was 47,293 showing a population growth of 66.7% 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 2011, 34.7% of the homes in Melbourne were owner-occupied compared with 29% in 2016.

Melbourne has 60,886 properties. Over the last 5 years, Houses in Melbourne have seen a -37.57% decrease in median value, while Units have seen a 0.09% increase. As at 30 September 2024:

  • The median value for Houses in Melbourne is $742,012 while the median value for Units is $459,555.
  • Houses have a median rent of $600 while Units have a median rent of $650.
There are currently 307 properties listed for sale, and 271 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 1950 properties were sold in the past 12 months in Melbourne.

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Jarryd Hatfield
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