2102A/8 Franklin Street
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Property Insights
Multi-dimensional analysis · last updated 06/05/2026
Schools
7 nearby schools
Catchment: Melbourne Primary School
Zoning
GRZ1 — General Residential Zone
Melbourne Planning Scheme
Public transport
10 stops within 1.5km
Nearest: Melbourne Central/Lonsdale Street (0.5km)
Traffic
Moderate congestion
Peak hour traffic (weekday mornings 7-9am and evenings 4-6pm) generates moderate to heavy congestion on surrounding arterial roads, particularly Latrobe Street and Elizabeth Street. Parking availability is limited and costly. Off-peak periods (10am-3pm, after 7pm) show significantly improved traffic flow.
Flood risk
Medium
Melbourne's flood risk is primarily driven by the Yarra River and its tributaries (Dandenong Creek, Merri Creek, Moonee Ponds Creek), with historical events including the 1891 and 2011 floods affecting low-lying and riverside areas. The Victorian planning scheme applies LSIO and FRMO overlays to flood-prone catchments across metropolitan Melbourne. Risk varies significantly by suburb—inner-city riverside areas (e.g., Southbank, Collingwood, Fitzroy) and low-lying outer suburbs near creek systems face medium to elevated risk, while higher-elevation areas face minimal flood exposure.
Bushfire risk
Moderate
BAL: BAL-12.5
Crime profile
above average
Trend: stable
Nearby development
6 projects nearby
Melbourne's inner city and surrounding precincts are experiencing sustained development activity driven by infrastructure investment (Metro Tunnel), established urban renewal zones (Southbank, Fishermens Bend), and strong apartment demand near transport. Multiple approved and under-construction projects reflect ongoing densification along major transport corridors and former industrial sites undergoing mixed-use conversion.
Heritage
Heritage listed
Melbourne's CBD and inner-city suburbs contain extensive Victorian and Edwardian heritage, with numerous state and nationally significant buildings. Many properties fall within heritage overlays or character residential areas managed by local councils, requiring planning approval for alterations. The city's strong 19th-century streetscapes and institutional buildings are protected through the Victorian Heritage Register and local planning schemes.
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Property Features
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Property Details
- Property Type
- house
- Listing Type
- For Sale
- Listed
- 2 months ago
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Features
Car Park near RMIT, Melbourne Central
Features
Within 5km