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Back 312/253 Franklin Street
Off Market

312/253 Franklin Street

Melbourne VIC 3000

1
1
Apartment
Last sold for $222,500
Kay LimKay Lim, last sold this property on 29 April 2025 after 26 days on market.

Overview

Over 10% Rental Returns

Warmly welcoming and positioned for convenience, this stylish 1 bedroom, 1 bathroom apartment offers a vibrant, low-maintenance lifestyle, making it the perfect entry-level or investor opportunity. The unique layout is modern and light-filled, revealing open-plan kitchen with adjoining dining area, bedroom fitted with BIR, bathroom, split system heating/AC and weatherproof balcony. The building itself offers residents access to desirable amenities, including bike storage, BBQ area and courtyard. Enjoy the convenience of a prime location, just a short stroll to Queen Victoria Market, RMIT, University of Melbourne, Flagstaff Gardens, Melbourne Central, Bourke Street Mall, Southern Cross Station and some of Melbourne's finest cafes, restaurants, and entertainment spots. 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 312/253 Franklin Street is $350k.

Median value
$350k
Estimated value range
$39k - $935k
Median days on market
36
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 312/253 Franklin Street

2025
Sold
$222,500
29 Apr 2025 by Kay Lim, of Areal Property Box Hill
2024
Rented
Undisclosed
Leased on 16 Mar 2024 by Areal Property Box Hill

Happy sellers in Melbourne

84%
84% 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 133 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 595 one-bedroom apartments similar to 312/253 Franklin Street, have been sold.

This represents a 8% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

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Dionne Wilson

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Annamaria Stella

Annamaria Stella is an award winning recommended agent for Melbourne.  They have 14 local sales and collected 19 local reviews across the last 12 months.

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Philip Middlemiss

Sellers who recommend Philip Middlemiss have praised them for being local expert, clear communication, responsive, supportive, well-prepared, strategic and honest

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Catherine Sheo

Catherine Sheo is a recommended agent for Melbourne.  They have 11 local sales and collected 8 local reviews across the last 12 months.

  •   4.9   (56 reviews)
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