SOLD
Sold on 19 Apr 2024 for $368,000

703/263 Franklin Street
Melbourne VIC 3000

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Sold By
Areal Property Point Cook
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Property Details for 703/263 Franklin St, Melbourne

703/263 Franklin St, Melbourne is a 2 bedroom, 1 bathroom House and was built in 2012. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom House sold in Melbourne in the last 12 months.

Building Type
House
Year Built
2012
Local Government
Melbourne
Lot/Plan
703B/PS628109

Last Listing description (July 2024)

Positioned directly opposite the Queen Victoria Market and Flagstaff Gardens, this sublime apartment has been finished to uncompromised standards. Those with a penchant for luxury will appreciate the stunning 2 bedroom, 1 bathroom proportions, including open-plan living/dining (split system heating/AC), sleek stone/Smeg appointed kitchen featuring integrated fridge/freezer and private balcony. An alluring opportunity to market newcomers and investors, with the best of Melbourne literally at your doorstep, a stone's throw to Flagstaff Station, RMIT, Melbourne University, and the best cafes and restaurants in the area.

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

Property History for 703/263 Franklin St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Sold
$368,000
19 Apr 2024
  • 25 Jun 2024
    Listed for Rent $725 / week
  • 19 Apr 2024
    Sold for $368,000
  • 03 Apr 2024
    Listed for Sale $368,000
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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 60,820 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 396 properties listed for sale, and 330 properties listed for rent in Melbourne on OnTheHouse. According to CoreLogic's data, 2079 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.