About this property
The property is a unit at 506/87 Franklin Street, Melbourne, VIC 3000. It includes one bedroom, one bathroom and one parking space
Also written as Unit 506, 87 Franklin Street.
Apartment
506/87 Franklin Street
Melbourne VIC 3000, Australia
1
Bedrooms
1
Bathrooms
1
Parking
1960 m²
Land size
80 m²
Internal area
$420,000
Last sale (2025)
Key details
- Locality
- Melbourne
- State
- VIC
- Coordinates
Latitude and longitude for the mapped property location.
- 37.80802831 / 144.96168066
- GNAF PID
A unique ID for this address in Australia's national address database.
- GAVIC411779894
- Legal parcel ID
The official land parcel identifier used on property titles and plans.
- 506\PS411688
- Property type
- Apartment
- Unit land size
- 1960 m²
- Unit internal area
- 80 m²
- Land Use Category
What the land is mainly used for, such as Residential, Commercial, Industrial or Other.
- Residential
Market estimates
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
High confidence
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
Medium confidence
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
Low confidence
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.
Expected weekly rent
$588
Confidence
Medium
Based on the comparable property evidence currently available.
Sales history
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 21 Nov 2025 | $420,000 | — |
Real Estate Agencies
Ordered by:
Popularity is a formula combining local activity, sales speed, and rental speed signals.
Ampersand - PORT MELBOURNE
AJ Lee Property Group - BOX HILL NORTH
1st Choice Property International Pty Ltd - DOCKLANDS
AMI ESTATE
A Dot Realty VIC - Docklands
Aeon Capital
Accor Realty
* Approximate straight-line distances
Nearby schools
Type:
Ordered by:
Eltham College - Lonsdale Street Campus
0.5 km
Combined school | Independent
University High School-Londsdale Street Campus
0.6 km
Secondary school | Government
Saints College - Blended Campus
0.6 km
Special school | Independent
Hester Hornbrook Academy - Hybrid
0.6 km
Special school | Independent
Ozford College - Ozford College Campus
0.7 km
Secondary school | Independent
St Joseph's Flexible Learning Centre
0.7 km
Secondary school | Catholic
Mount Alexander 7-12 College-River Nile Campus
0.8 km
Secondary school | Government
Haileybury College - City Boys
0.8 km
Combined school | Independent
Haileybury College - City Girls
0.8 km
Combined school | Independent
North Melbourne Primary School - Molesworth Street Campus
1.7 km
Primary school | Government
* Approximate straight-line distances
Frequently asked questions
What type of dwelling is located at 506/87 Franklin Street?
506/87 Franklin Street is a unit that offers 1 bedroom and 1 bathroom. It is a self‑contained residence suitable for individuals or couples seeking a compact city home
How many parking spaces are included with the unit?
The property comes with a single parking space. This provides convenient on‑site parking for the resident's vehicle
Which educational institutions are within walking distance of the address?
RMIT University’s City campus is just about 0.1 km away, offering easy access to a range of courses and facilities. The nearby RMIT Swanston Academic Building and several specialised schools (e.g., School of Business IT and Logistics) are also within the same short walk
What cultural or public facilities can be reached nearby?
The State Library of Victoria is only 0.1 km from the property, providing extensive reading and exhibition spaces. Other close‑by attractions include the Light House Melbourne residential tower and the public art installation at the Gossard Public Nook
Is public transport readily available from this location?
Yes, the RMIT University/Swanston St tram stop is approximately 0.1 km away, giving quick access to Melbourne’s extensive tram network. This makes commuting to the wider city centre and suburbs convenient
What is the surrounding neighbourhood like?
The unit sits in Melbourne’s central business district, an area celebrated for its vibrant culture, diverse cuisine and high livability. The city is the capital of Victoria and a major financial and cultural hub, offering a mix of historic landmarks and modern amenities
Which dining or accommodation options are close to the property?
Nearby hospitality venues include Macs Hotel (0.1 km) and the Milano Serviced Apartments (0.1 km), both offering food and lodging options. Avani Melbourne Central Residences and Imagine Lighthouse are also within easy walking distance for additional dining and accommodation choices
Related profiles
Jump to the related profiles for this address.
Root property
87 Franklin Street
View the main multi-unit property profile covering 164 tracked units.
View root propertySuburb profile
Melbourne
Browse the suburb profile, property mix, and related area data.
View suburb profileStreet profile
Franklin Street
See the street-level property page and compare nearby listings.
View street profile