About this property
Also written as Unit 511, 87 Franklin Street.
Melbourne VIC 3000, Australia
Also written as Unit 511, 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.
511/87 Franklin Street is a unit. It is listed as a standalone property with its own land parcel
The unit features two bedrooms. This makes it suitable for small families, couples or professionals seeking extra space
The property sits on a 1,960 m² land area. This relatively large site provides ample outdoor space for a unit in the city centre
A tram stop at RMIT Swanston St is only about 0.1 km away, giving direct access to Melbourne’s extensive tram network. The location also benefits from nearby bus routes that serve the inner‑city suburbs
RMIT University’s City campus is just 0.1 km from the unit, offering a range of faculties and student services. The State Library, a major cultural landmark, is also only 0.1 km away
Several accommodation options are within a short walk, including Macs Hotel (0.1 km), Avani Melbourne Central Residences (0.1 km), Milano Serviced Apartments (0.1 km) and Imagine Lighthouse (0.1 km). These provide convenient hospitality services for visitors and short‑term stays
The Gossard Public Nook, a public art installation at RMIT, is located right at the property’s doorstep (0.0 km). This adds a vibrant cultural element to the immediate streetscape
Melbourne enjoys a temperate oceanic climate with warm summers and cool winters, known for its changeable weather – often described as “four seasons in one day”. Residents can expect a mix of sunshine, occasional showers and brisk breezes throughout the year
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