Back 512/87 Franklin St
Off Market

512/87 Franklin St

Melbourne VIC 3000

1
1
1
Apartment
Chaise PriestleyChaise Priestley, last sold this property on 25 September 2025 after 14 days on market.

Overview

FRANKLIN LOFTS… THE LIFESTYLE LOCATION

Perfectly positioned in the heart of the action, this spacious, sun-drenched apartment offers an enviable lifestyle of light, space, and convenience. With its generous proportions and vibrant location, it’s a must-see for those seeking both comfort and a premium inner-city lifestyle. - Good size bedroom with built in robe - Open plan living with polished floors and double height windows - Full kitchen with gas cooking and dishwasher - Bathroom with marble bench vanity and laundry facilities - Huge private terrace - Gym, sauna and swimming pool - Carpark on title and storage cage - Owners Corporation Fees: $815 per quarter - Council rates $250 per quarter approx. - Water Rates $180 per quarter approx. - Rent potential $500 - $550 per week All the delights of the city are yours to be enjoyed. Walk to Queen Victoria Market, RMIT or Carlton Gardens. Amazing restaurants and cafes all around. It really is a lifestyle purchase. Conditions of entry - IDENTIFICATION and contact number required, otherwise entry may be refused. The information about this property has been supplied to us by the property owner, while we have no cause to doubt its accuracy, we provide no guarantee. We cannot attest to the functionality of any fixtures, fittings or inclusions to the property. Land and apartment dimensions and floor/site plans are supplied by third parties. Typing mistakes, omissions, transposing can occur, we provide to assist but make no representation. Buyers must carry out their own due diligence.

Features

1 bedroom
1 bathroom
1 carspace
1 carport space
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 512/87 Franklin St is $344.58k.

Median value
$344.58k
Estimated value range
$39k - $935k
Median days on market
37
Estimated value trend
-1%
decrease 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 512/87 Franklin St

2025
Sold
Undisclosed
25 Sep 2025 by Chaise Priestley, of BigginScott Richmond
2024
Rented
Undisclosed
Leased on 06 Oct 2024 by BigginScott Richmond
2021
Rented
Undisclosed
Leased on 02 Feb 2021 by BigginScott Richmond

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 134 reviews in Melbourne over the last 12 months.

Local market activity for 1 bedroom apartments in Melbourne

In the last 12 months, 586 one-bedroom apartments similar to 512/87 Franklin St, have been sold.

This represents a 13% increase in one-bedroom apartments sales when compared to the previous 12 months.

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