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Location
Market Insights for Melbourne VIC 3000
New Listings (last 30 days)
88
Average price
$738,210
Lowest price
$185,000
Highest price
$8,000,000
Other properties in this postcode

6/191 Franklin Street, Melbourne VIC 3000

$1,225,000

Listed: yesterday
Overview

This distinguished apartment is located within the renowned Melbourne Terrace Apartment complex designed by the architect Nonda Katsalidis, celebrated for its striking sculptural form. Sitting on the third level of the Mondo building, one of only ten such residences, this property offers exclusivity paired with exceptional lifestyle convenience right in Melbourne’s vibrant QV Market precinct.

Residents benefit from immediate proximity to an array of cafés, fine dining options, boutique shopping, and major city landmarks such as Flagstaff Gardens, RMIT, and Melbourne University, ideal for those valuing urban accessibility.

The apartment itself boasts generous and thoughtfully designed interiors featuring two spacious bedrooms and two bathrooms. A prized northerly aspect ensures sun-filled living spaces accentuated by high ceilings and expansive proportions that invite natural light throughout the main living and dining areas.

Comfort and practicality are seamlessly integrated, with secure intercom entry and lift access providing ease of arrival, while a basement car parking space equipped with a private electric vehicle charging station caters to modern needs.

  • The living and dining spaces are enhanced by split system heating and cooling for year-round comfort.
  • The kitchen is tailored for entertaining, offering gas cooking, a dishwasher, abundant storage including a pantry, and a separate laundry to streamline household chores.
  • Both bedrooms are generously sized and air-conditioned, with the main suite featuring a private balcony, walk-in robes, an ensuite bathroom, and enough space for a king-sized bed, supporting both luxury and functionality.
  • The second bedroom includes built-in robes and is served by a central bathroom complete with a spa bath, adding a touch of indulgence.
  • Additional highlights include hydronic heating, timber Venetian blinds throughout the apartment, and a calm, elegant interior palette that creates a serene atmosphere.

This property is particularly suited for discerning professionals, downsizers, or investors seeking a premium, low-maintenance urban residence that combines architectural distinction with outstanding amenity access. The considered design and location deliver a lifestyle of convenience, comfort, and contemporary city living.

Local Market Insights

In Melbourne, Quiet Listings observed 88 new apartments entering the market over the last 30 days, up from 70 during the previous 30-day period, with an average advertised asking price of $738,210. The property type mix of listed properties is predominantly Apartments at 83%, followed by commercial properties (14%), and units (3%). The most active agency for apartments in the Melbourne area is currently Dingle Partners, representing 15% of new listings, followed by Melbournian Property Group with 13%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.