Back 801/263 Franklin Street
Off Market

801/263 Franklin Street

Melbourne VIC 3000

2
1
Apartment
Last sold for $390,000
Jason LowJason Low, last sold this property on 28 May 2026 after -75 days on market.

Overview

Prime Melbourne CBD Investment With 8.5% Rental Yield!

Nestled directly opposite the iconic Queen Victoria Market and serene Flagstaff Gardens, this exquisite apartment offers an unmatched standard of city living. Impeccably designed, the residence boasts two bedrooms and a sophisticated bathroom, all within an open-plan layout perfect for both living and dining. Equipped with split system heating/air conditioning, the stylish kitchen features stainless steel appliances, sleek stone finishes, and an integrated fridge/freezer, seamlessly extending to a private balcony for urban relaxation. An ideal opportunity for first-time buyers or savvy investors, this residence places the vibrant heart of Melbourne right at your doorstep. Just moments from Flagstaff Station, RMIT, Melbourne University, and an array of top-tier cafes and restaurants, this is your chance to experience the best the city has to offer. 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

2 bedrooms
1 bathroom
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Melbourne over the last 12 months, the estimated median property value of 801/263 Franklin Street is $543.33k.

Median value
$543.33k
Estimated value range
$237k - $3m
Median days on market
48
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 801/263 Franklin Street

2026
Rented
Undisclosed
Leased on 30 Jul 2026 by Areal Property Box Hill
2026
Sold
$390,000
Private Sale/Treaty on 28 May 2026 by Jason Low, of Melbourne Property Managers
2025
Rented
Undisclosed
Leased on 14 Oct 2025 by Areal Property Box Hill

Happy sellers in Melbourne

81%
81% 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 125 reviews in Melbourne over the last 12 months.

Local market activity for 2 bedroom apartments in Melbourne

In the last 12 months, 765 two-bedroom apartments similar to 801/263 Franklin Street, have been sold.

This represents a 23% increase in two-bedroom apartments sales when compared to the previous 12 months.

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