Melbourne VIC 3000, Australia
Also written as Unit 512, 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.
It is a unit comprising a single bedroom and one bathroom. The property is designed for low‑maintenance living within the inner city
The unit sits on a 1,960 m² land parcel. This provides a relatively spacious footprint for a central‑city dwelling
Yes, the unit includes one allocated parking space. This provides onsite vehicle storage for the resident
Within about 0.1 km you’ll find the State Library, RMIT University’s City campus and tram stop, several hotels (Milano Serviced Apartments, Light House Melbourne) and the Gossard Public Nook public‑art installation. All are within a short walking distance
The RMIT Swanston St tram stop is roughly 0.1 km away, offering frequent tram services across Melbourne. Multiple bus routes also run along the surrounding streets
Melbourne enjoys a temperate oceanic climate with warm summers and cool winters. The city is famous for rapid weather changes, often experiencing sunshine, showers and temperature shifts in a single day
The State Library, RMIT’s arts facilities and the nearby Gossard Public Nook public‑art piece are all within a few minutes’ walk. These sites provide easy access to the city’s vibrant cultural and artistic scene
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