Back 101/253 Franklin Street
Off Market

101/253 Franklin Street

Melbourne VIC 3000

1
1
Apartment
Last sold for $215,000
Kay LimKay Lim, last sold this property on 24 January 2025 after 42 days on market.

Overview

Start-out Or Invest In Style & Location

A stylish opportunity for those looking to obtain a foothold into the marketplace, equally alluring from an investment perspective, this modern apartment is sure not to disappoint. Designed for ease of living, light-filled interiors reveal a large bedroom, immaculate bathroom, sleek kitchen and study area, balcony and split system heating/AC. Furthermore, the building is equipped with bike storage, BBQ and courtyard area for added convenience. Enjoy a prime position, just minutes to RMIT, University of Melbourne, Flagstaff Gardens, Melbourne Central, Bourke Street Mall, Southern Cross Station and some of Melbourne's best 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, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Prospective purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs Victoria. Click on the link for a copy of the due diligence check-list from Consumer Affairs Victoria. http://www.consumer.vic.gov.au/duediligencechecklist

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Melbourne over the last 12 months, the estimated median property value of 101/253 Franklin Street is $350k.

Median value
$350k
Estimated value range
$39k - $935k
Median days on market
35
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 101/253 Franklin Street

2025
Rented
Undisclosed
Leased on 08 Oct 2025 by JMRE Real Estate
2025
Rented
Undisclosed
Leased on 02 Mar 2025 by JMRE Real Estate
2025
Sold
$215,000
24 Jan 2025 by Kay Lim, of Areal Property Box Hill

Happy sellers in Melbourne

85%
85% of sellers in Melbourne reported that their sale price either exceeded or met their price expectations.

Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 128 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 581 one-bedroom apartments similar to 101/253 Franklin Street, have been sold.

This represents a 22% increase in one-bedroom apartments sales when compared to the previous 12 months.

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