FOR SALE
$235,000

202/243 Franklin Street
Melbourne VIC 3004

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Entry-level or investment opportunity in lifestyle location

*Please note that Open for Inspections are on hold until further notice*
Situated within the prestigious Infinity 88 complex, this modern 1 bedroom, 1 bathroom apartment caters to a diverse range of buyers including those entering the market, downsizing, or seeking investment opportunities. Its chic ambiance complements the open-plan living/dining area, stylish kitchen, balcony, split system heating/AC and secure intercom entry. Positioned directly opposite Queen Victoria Market and just minutes away from RMIT, the University of Melbourne, Flagstaff Gardens, Melbourne Central, Bourke Street Mall, Southern Cross Station, and an array of Melbourne's finest cafes, restaurants, and entertainment venues.
Disclaimer: We have in preparing the content used our best endeavours to ensure that the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs.
http://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 202/243 Franklin Street, Melbourne

202/243 Franklin Street, Melbourne is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Areal Property - Box Hill.

Building Type
Apartment

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About Melbourne 3004

The size of Melbourne is approximately 3.8 square kilometres. It has 14 parks covering nearly 74.2% 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 13,562 properties. Over the last 5 years, Houses in Melbourne have seen a 80.70% increase in median value, while Units have seen a -2.76% decrease. As at 31 August 2024:

  • The median value for Houses in Melbourne is $1,977,872 while the median value for Units is $661,078.
  • Houses have a median rent of $625 while Units have a median rent of $625.
There are currently 90 properties listed for sale, and 50 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 638 properties were sold in the past 12 months in Melbourne.

Suburb Insights for Melbourne 3004

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Kay Lim
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Dave Tang
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Areal Property - Box Hill
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.