Home/Properties/Melbourne/1005/243 Franklin Street
1005/243 Franklin Street, Melbourne$281,500
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For Saleapartment

1005/243 Franklin Street

Melbourne, VIC 3000, Australia
$275,000 – $288,000
1 bed 1 bath

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About this property

Perfectly positioned in the heart of Melbourne's CBD fringe, this apartment delivers low-maintenance inner-city living with everything at your doorstep-ideal for owner-occupiers and investors alike. Set high within a secure building, the home offers a functional open-plan layout with comfortable proportions, modern finishes and excellent connectivity to universities, transport, shopping and dining. Property highlights: bedroom with built-in robes Bright open-plan living and dining zone Modern kitchen with stone benchtops, quality appliances and ample storage Balcony with floor to ceiling large windows capturing natural light and city outlooks Central bathroom with quality fittings Split-system heating and cooling Secure intercom entry and lift access Strong rental appeal for the CBD and education precinct Location highlights: Walk to Queen Victoria Market, Melbourne Central, RMIT University and Flagstaff Gardens Easy access to free tram zone, trains and major transport links Surrounded by cafes, restaurants, shopping and everyday amenities

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Listed
3 months ago

Repayment calculator

$1,365/month
$682 /fortnight
Loan $225,200 at 6.10% over 30 years

Upfront costs

Deposit$56,300
Stamp duty$11,960
Conveyancing (est.)$2,000
Total upfront$70,260
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Melbourne

This 1-bedroom apartment in Melbourne, VIC 3000 sits within reach of public transport, local shops and nearby schools. It is listed 50% below the $559,990 median of 78 comparable apartmentswithin 5 km.

Schools near Melbourne

  • Eltham College - Lonsdale Street Campuscombined
  • Melbourne Grammar Schoolcombined · Prep-12 · CoEd
  • Melbourne Grammar School - Wadhurst Campuscombined
  • Victorian College For The Deafcombined · U · CoEd
  • Wesley Collegecombined · Prep-12 · CoEd
  • Holmes Grammar Schoolsecondary · 11-12

What's nearby

  • William Street/A'Beckett Street (bus)99 m away
  • Aroma Thai Massage & Skin Care94 m away
  • Unnamed158 m away
  • Unnamed226 m away
  • Flagstaff Gardens240 m away

Melbourne at a glance

Full suburb profile
Population
54,941
Median age
29
Household income
$1,448/wk
Median rent
$381/wk
Median mortgage
$1,800/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Melbourne price trend

Median sold · Unit 1 bed

Compound growth -0.8% / yr over 4 yrs

$345kcurrent median

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Price history

Listing price changes

1 price change recorded for this property

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