2004A/8 Franklin Street Melbourne VIC 3000

2 / 1 / - / 8102 m2

Here you can find what you need to know about 2004A/8 Franklin Street , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about Melbourne, VIC and much more.

Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000
Property photo of 2004A/8 Franklin Street Melbourne VIC 3000

Property Insights

2004A/8 Franklin Street Estimated Value

$432,000 - $528,000

About Estimated Values

An automated valuation model estimate (AVM Estimate) is a statistically derived estimate of the sale or rental value (as the context requires) of the subject property. An AVM Estimate is generated (i) by a computer driven mathematical model in reliance on available data; (ii) without the physical inspection of the subject property; (iii) without taking into account market conditions which may, together or separately, affect the value.

An AVM Estimate is current only at the date of publication or supply and must not be relied upon as a professional valuation or an accurate representation of the market sale or rental value of the subject property.

CoreLogic does not warrant the accuracy, currency or completeness of the AVM Estimate and to the full extent permitted by law, CoreLogic excludes all liability for any loss or damage howsoever arising in connection with an AVM Estimate.
High confidence estimate
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Last sold for $523,000 on 02/12/2015

Sale Type: Unknown

Mortgage
Repayment
$373 pw
This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
Estimated
Rent
High confidence
Gross
Cashflow
Estimated
Gross Yield
Medium confidence
Natural Hazard Risk
Example Only
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Pros & Cons

Things to like
  • Above market cashflow potential
  • Cheaper than comparable properties
  • Low risk of losing value
Things to look out for
  • Slower growth than market average

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
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How we calculate the property Cashflow Score

Each property is given a score out of 100 based on one factor relating to the specific property and one factor relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has higher than average estimated gross yield and is located in a suburb with similarly high yielding properties.

This property National
Estimated
Gross Yield
Manly, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Capital Growth Score

Each property is given a score out of 100 based on one factor relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

This property National
Change in Property
Value (1 yr)
Manly, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Lower Risk Score

Each property is given a score out of 100 based on two factors relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to command higher rent than average and therefore attract higher income tenants. Furthermore, it is likely to be easier to sell in the future due to strong market health indicators in the suburb it is located in.

This property National
Change in Property
Value (5 yr)
Estimated weekly
rent
Manly, NSW National
Average Days
on Market
Change in Median
Price (5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

About this Property

Details

Bedrooms 2
Bathrooms 1
Car Spaces -
Land Size 8102 m2
Floor Area 54 m2
House Type Unit: Standard
Council Area Melbourne
Year Built 2007
Zone Capital City Zone - Schedule 1
Lot/Plan 2004/PS512424 Melbourne VIC
Property Type Unit

Last listing description (May 2020)

Fatastic location and luxury lifestyle!
Centrally located close to RMIT, Melbourne Uni and Melbourne Central shopping and trains, this well presented 2 bedroom apartment offers it all. Situated up high on the 20th floor with a south facing aspect, it includes a furniture package, kitchen with stone bench tops and SMEG Stainless Steel appliances. Definitely a unique opportunity to acquire a sound property in a perfect location.The master has built-in robes, with both bedrooms accessing the modern bathroom, complete with Euro laundry.With secure intercom entry, the building also features a fantastic array of shared facilities, including a full size tennis court, 25m indoor pool, sauna, fully equipped gym, BBQ area, lounge and 16-seat cinema. The great position makes it an easy walk to all CBD attractions, the restaurants and cafes of Carlton and the fresh produce and goods of Queen Vic Market, with a myriad of transport options virtually on the doorstep. Please contact Property Manager for Private Appointment! **COVID-19 Announcement If you're attending a Private Appointment, we request that you only attend if you are fit and healthy to do so and not under any self-isolation conditions. We request that you maintain a healthy social distance from our team members, and if requested wait outside until the property is ready for the appointment. Lastly, please refrain from touching items/fixtures and doors within the properties. If you would like to view something in particular, please request the agent's assistance. Thank you. Available Date 25/05/2020

Property Timeline

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Latest Auction Results for Melbourne as at 12 July 2020

Property Details
Sale Price
2Bed / 1Bath / -Car / Unit
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2Bed / 1Bath / 1Car / Unit
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1Bed / 1Bath / -Car / Unit
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2Bed / 1Bath / -Car / Unit
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2Bed / 2Bath / -Car / Unit
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State Auction Clearance Rates - July 2020

Auctions Clearance rate
VIC 275 65%
ACT 31 65%
NSW 324 62%
NT 2 100%
QLD 82 48%
SA 29 66%
TAS 1 0%
WA 9 33%

Suburb Insights

Melbourne, VIC 3000

No data available Part of: Melbourne Council

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Occupancy


Demographic data provided
by Australian Bureau of Statistics


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Here you can find everything you need to know about 2004/8 Franklin Street, including the property sale history and estimated market value as well as insights into Franklin Street and Melbourne 2004A/8 Franklin Street Melbourne VIC 3000