OFF MARKET

2706/87 Franklin Street
Melbourne VIC 3000

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 56m2
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Property Details for 2706/87 Franklin St, Melbourne

2706/87 Franklin St, Melbourne is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2001. The property has a land size of 56m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in February 2017.

Building Type
House
Year Built
2001
Floor Size
50m2
Land Size
56m2
Local Government
Melbourne
Lot/Plan
2706/PS411688

Last Listing description (March 2017)

Do not miss your chance to own this magnificent 2 bedrooms loft-style apartment set over 2 levels. Enjoys a fantastic position just moments to universities, Victoria Market & Melbourne Central and in the University High school zone.
The bright living area steps out to a balcony with an extensive open outlook, the North aspect perfect for capturing the afternoon sun. With timber floors underfoot and accompanied by a kitchen featuring tiled splashbacks, stainless steel Smeg appliances and a dishwasher. The Apartment also Features:
* Fully furnished

* The living and dining area spills on to a private balcony,
* Electric wall heaters in the living area and bedroom, portable air conditioner
* A modern bathroom with laundry facilities,
* A storage cage on the same level on the title
* Secure intercom entry, recently renovated swimming pool, gym and sauna.
* Low Body corporate fee which includes gas and hot water usage
Please contact the agent to book your inspection - Irina Baklien 0406 317 181

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Property History for 2706/87 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$385,000
02 Feb 2017
Listed for Rent
$440/w
28 Jun 2014
  • 02 Feb 2017
    Sold for $385,000
  • 09 Nov 2016
    Listed for Sale Not Disclosed
  • 06 May 2015
    Sold for $366,000
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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 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 60,847 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 339 properties listed for sale, and 300 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2121 properties were sold in the past 12 months in Melbourne.

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