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Back 505/253 Franklin St
Off Market

505/253 Franklin St

Melbourne VIC 3000

1
1
24 m²
29 m²
Apartment

Overview

Nest Or Invest

Situated in a highly sought-after location directly opposite the famous Queen Victoria Market, this fully furnished Studio apartment in Franklin Street is only a few minutes away from 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. Infinity 8 apartments reflect a quality investment option; this fully furnished apartment is renter ready and are in high demand with an exceptional inspection rate. This fully furnished Studio apartment is quick to set the benchmark for convenient inner city living, offering an environmentally sustainable design, modern appliances, dishwasher, split system, laundry including washing machine & dryer, LCD T.V, security entrance with intercom, access to private balcony and bike storage. An ideal buy for those breaking into the market and the savvy investor.

Features

1 bedroom
1 bathroom
24 m² floor area
29 m² lot size
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 505/253 Franklin St is $350k.

Median value
$350k
Estimated value range
$39k - $935k
Median days on market
35
Estimated value trend
2%
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 505/253 Franklin St

2023
Rented
Undisclosed
Leased on 05 Oct 2023 by LJ Hooker City Residential
2018
Sold
Undisclosed
09 Nov 2018

Happy sellers in Melbourne

86%
86% 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 123 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 582 one-bedroom apartments similar to 505/253 Franklin St, have been sold.

This represents a 19% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Melbourne

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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.

  •   5   (380 reviews)
  •  19 Reviews in Melbourne
  •  14 Sales in Melbourne
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Dionne Wilson

Sellers who recommend Dionne Wilson have praised them for being clear communication, local expert, honest, responsive, supportive, dedicated and friendly

  •   4.9   (240 reviews)
  •  17 Reviews in Melbourne
  •  55 Sales in Melbourne
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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 reliable

  •   5   (121 reviews)
  •  18 Reviews in Melbourne
  •  14 Sales in Melbourne
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Catherine Sheo

Catherine Sheo is a recommended agent for Melbourne.  They have 12 local sales and collected 9 local reviews across the last 12 months.

  •   5   (60 reviews)
  •  9 Reviews in Melbourne
  •  12 Sales in Melbourne
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