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Back 710/243 Franklin Street
Off Market

710/243 Franklin Street

Melbourne VIC 3000

1
1
Apartment
Last sold for $217,000
Kay LimKay Lim, last sold this property on 06 April 2026 after 34 days on market.

Overview

High-Performing CBD Investment in a Prime Lifestyle Location

Set within Melbourne's vibrant CBD grid, 710/243 Franklin Street presents a compelling investment opportunity combining strong rental appeal with an unbeatable inner-city address. Perfectly positioned opposite the iconic Queen Victoria Market, this smartly designed apartment offers immediate access to Melbourne's most sought-after lifestyle amenities and educational institutions. The thoughtfully configured floorplan maximises space with an open-plan kitchen, dining and living zone extending to a private balcony-ideal for tenants seeking low-maintenance urban living. The contemporary kitchen is equipped with quality appliances and generous storage, while the well-proportioned bedroom includes built-in robes. A modern bathroom and in-apartment laundry facilities enhance everyday functionality. The location is second to none-just moments from RMIT University, the University of Melbourne, Flagstaff Gardens, Melbourne Central and multiple public transport options including free city trams. Surrounded by cafés, restaurants and retail, the property offers enduring tenant demand and long-term investment confidence. A smart addition to any portfolio, this centrally located apartment delivers lifestyle convenience and consistent rental performance in one of Melbourne's most tightly held precincts. 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 710/243 Franklin Street is $345.27k.

Median value
$345.27k
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 710/243 Franklin Street

2026
Sold
$217,000
06 Apr 2026 by Kay Lim, of Areal Property Box Hill
2025
Rented
Undisclosed
Leased on 14 May 2025 by Areal Property Box Hill
2020
Rented
Undisclosed
Leased on 04 Dec 2020 by Urban Property Melbourne

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, 580 one-bedroom apartments similar to 710/243 Franklin Street, have been sold.

This represents a 14% 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 13 local sales and collected 19 local reviews across the last 12 months.

  •   5   (380 reviews)
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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)
  •  8 Reviews in Melbourne
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