OFF MARKET

1005/263 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 67m2
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Last updated 16 Sep 2024
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Property Details for 1005/263 Franklin St, Melbourne

1005/263 Franklin St, Melbourne is a 2 bedroom, 2 bathroom Unit and was built in 2012. The property has a floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
Unit
Year Built
2012
Floor Size
67m2
Local Government
Melbourne
Lot/Plan
1005B/PS628109

Last Listing description (December 2020)

Statement of information is located at https://s3-ap-southeast-2.amazonaws.com/zenu/LISTING_IMAGES/2-1573534/44b16592-e321-4d3c-a991-264b5d699e80.pdf . Please copy & paste this information into your browser address bar.
Move-in or invest. price reduced again!!!
DO NOT MISS

PERFECT LOCATION

Designer 2 bedrooms 2 baths apartment, directly across the road from Queen Victoria Market and a step from to free CBD trams, City Loop trains, RMIT, and the hospital precinct Presenting as an exceptional market entry or a high-return, set-and-forget investment, enjoy a sunlit space that flows with stylish simplicity and refined elegance.

Investment?

If you looking for investment, this complex reflects a quality investment option as well, the apartment is renter ready and is in high demand with an exceptional inspection rate.

Enjoy momentary access to the rest of the city with the free CBD tram network running locally, or simply enjoy the city by foot in this fabulous walkable location.

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Property History for 1005/263 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$352,000
04 Dec 2020
Listed for Rent
$500/w
20 Jan 2017
  • 04 Dec 2020
    Sold for $352,000
  • 01 Jun 2020
    Listed for Sale $395,000 - $408,800
  • 13 Jan 2017
    Listed for Rent $500 / week
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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 61,329 properties. Over the last 5 years, Houses in Melbourne have seen a 33.57% increase in median value, while Units have seen a 2.46% increase. As at 31 August 2024:

  • The median value for Houses in Melbourne is $1,218,497 while the median value for Units is $465,019.
  • Houses have a median rent of $600 while Units have a median rent of $645.
There are currently 301 properties listed for sale, and 275 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2039 properties were sold in the past 12 months in Melbourne.

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