SOLD
Sold on 10 Oct 2024 for $373,000

1106/87 Franklin Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 60m2
Land area: 1946m2
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Property Details for 1106/87 Franklin St, Melbourne

1106/87 Franklin St, Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2001. The property has a land size of 1946m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Unit sold in Melbourne in the last 12 months.

Building Type
Unit
Year Built
2001
Floor Size
60m2
Land Size
1946m2
Local Government
Melbourne
Lot/Plan
1106/PS411688

Last Listing description (October 2024)

A stylish combination of far-reaching space and natural light over two impressive levels, this stunning 1 bedroom apartment is enhanced by a vibrant neighbourhood in the perfect CBD position. Venture downstairs from your radiant retreat and live the life you love within walking distance of world-class universities, Aldi, Queen Victoria Market, Flagstaff Gardens, free city trams and the upcoming State Library Railway Station.

Discover an L-shaped kitchen boasting a tiled splashback, an updated dishwasher and high-quality Smeg appliances including a 4-burner gas cooktop. Freshly painted with brand-new floorboards underfoot, stretch out in a sunlit layout with roomy open-plan living and dining framed by full-height glass under towering ceilings. Enjoy seamless flow to a private undercover balcony showcasing plenty of room to relax, dine and entertain when family and friends drop by. Head upstairs to a vast mezzanine-level bedroom, superbly serviced by built-in robes and a large bathroom with a walk-in shower, marble-finished vanity and mirrored cabinetry.

Set to impress on the 11th floor of the in-demand Franklin Lofts Apartments complex, special features include laundry capability with a wall-mounted dryer, substantial storage under the staircase, new LED lighting, panel heating, timber Venetian blinds, intercom entry, on-site manager, and resort-style use of a lap pool, fully equipped gym and a sauna. Make plans to inspect today!

* Photo identification will be required upon entering the property. Please contact our agent for your personal tour of this home today.

Property History for 1106/87 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$373,000
10 Oct 2024
Listed for Rent
$300/w
26 Aug 2021
  • 10 Oct 2024
    Sold for $373,000
  • 19 Sep 2024
    Listed for Sale $373,000
  • 15 Jul 2021
    Listed for Rent $300 / 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 60,843 properties. Over the last 5 years, Houses in Melbourne have seen a 12.01% increase in median value, while Units have seen a -3.92% decrease. As at 31 October 2024:

  • The median value for Houses in Melbourne is $1,371,910 while the median value for Units is $452,109.
  • Houses have a median rent of $580 while Units have a median rent of $650.
There are currently 354 properties listed for sale, and 297 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2141 properties were sold in the past 12 months in Melbourne.

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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.