Melbourne VIC 3000, Australia
Also written as Unit 501, 87 Franklin Street.
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Based on the comparable property evidence currently available.
The unit features four bedrooms and three bathrooms, offering ample space for families or shared living
It is a unit situated on a 1,960 m² parcel of land, providing a spacious setting within the city
The property includes two dedicated parking spaces for residents
The RMIT University Swanston St tram stop is about 0.1 km away, giving easy access to Melbourne’s extensive tram network
Nearby are the State Library, RMIT University campuses, Macs Hotel, and several serviced apartments and hotels such as Light House Melbourne
Melbourne enjoys a temperate oceanic climate with warm summers, cool winters and famously changeable weather that can bring four seasons in a single day
The city covers about 2,453 square kilometres and, as of 2024, is home to roughly 5.35 million residents, representing 19 % of Australia’s population
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