Home/Properties/Melbourne/408/87 Franklin Street

408/87 Franklin Street, Melbourne$385,000

Ask AI Photos Report Nearby

Back to results

For Saleapartment

408/87 Franklin Street

Melbourne, VIC 3000, Australia

$375,000 – $395,000

1 bed 1 bath51 m²

Compare with other listings

See it side-by-side · winner per row · AI verdict.

Photos via the original listing. All photographs remain the property of their respective owners.

Maps & AI

Ask StMate AI

Loading map…

AI Property Assistant

Ask anything about this property

Hi! I'm your AI property assistant. Ask me anything about 408/87 Franklin Street — pricing, schools, transport, investment potential, and more.

Approximate location shown. Contact agent for exact address.

Gallery

Property Photos

Listing description

About this property

This Spacious Apartment is conveniently located right in the heart of the city. The Franklin Lofts Apartments are one of Melbourne's most popular buildings, being minutes from RMIT, Queen Victoria Market, Supermarkets and Melbourne Central Station. Within walking distance of every conceivable amenity - and with trains and trams readily at hand to take you further afield - this fabulous proposition is ready to love and includes an open plan living/dining and kitchen area which spills outside to a private balcony with views. This property features include spacious lounge and kitchen, a sleek kitchen with European style appliances, Built-in robes to the bedroom area, oversized bathroom and laundry upstairs large balcony on-site building management and facilities such as lap pool, gym, and sauna.

Property Details

Property Type: apartment
Listing Type: For Sale
Bedrooms: 1
Bathrooms: 1
Land Area: 51 m²
Listed: 3 months ago

Repayment calculator

$1,866/month

$933 /fortnight

Loan $308,000 at 6.10% over 30 years

Upfront costs

Deposit$77,000

Stamp duty$18,170

Conveyancing (est.)$2,000

Total upfront$97,170

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.

Know what you can borrow

Talk to a mortgage broker about pre-approval and your best rate — free, no obligation.

Talk to the agent

Contact the listing agent

Agent name, phone and enquiry form are on the original Domain listing.

Contact agent on Domain

Inspections

Interested in inspecting this property?

Check the next open inspection time or request a private viewing on Domain.

Book inspection on Domain

Work at Melcorp Real Estate? Claim this listing to sync your ads with StMate.

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 14% below the $450,000 median of 73 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

Stop 7: RMIT University (tram) — 133 m away
Kicks Bottle Shop — 98 m away
Unnamed — 276 m away
Unnamed — 292 m away
University Lawn — 298 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.

Generate Property Report

Get a comprehensive analysis of this property across 10 data dimensions including schools, zoning, traffic, transport, noise, flood risk, bushfire, crime, development, and heritage.

Takes 10-20 seconds Uses 1 report credit

Suburb market