2102A/8 Franklin Street

Melbourne, VIC 3000, Australia

0 bed 0 bath 0 car

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Property Insights

Multi-dimensional analysis · last updated 06/05/2026

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Schools

7 nearby schools

Catchment: Melbourne Primary School

Zoning

GRZ1 — General Residential Zone

Melbourne Planning Scheme

Public transport

10 stops within 1.5km

Nearest: Melbourne Central/Lonsdale Street (0.5km)

Traffic

Moderate congestion

Peak hour traffic (weekday mornings 7-9am and evenings 4-6pm) generates moderate to heavy congestion on surrounding arterial roads, particularly Latrobe Street and Elizabeth Street. Parking availability is limited and costly. Off-peak periods (10am-3pm, after 7pm) show significantly improved traffic flow.

Flood risk

Medium

Melbourne's flood risk is primarily driven by the Yarra River and its tributaries (Dandenong Creek, Merri Creek, Moonee Ponds Creek), with historical events including the 1891 and 2011 floods affecting low-lying and riverside areas. The Victorian planning scheme applies LSIO and FRMO overlays to flood-prone catchments across metropolitan Melbourne. Risk varies significantly by suburb—inner-city riverside areas (e.g., Southbank, Collingwood, Fitzroy) and low-lying outer suburbs near creek systems face medium to elevated risk, while higher-elevation areas face minimal flood exposure.

Bushfire risk

Moderate

BAL: BAL-12.5

Crime profile

above average

Trend: stable

Nearby development

6 projects nearby

Melbourne's inner city and surrounding precincts are experiencing sustained development activity driven by infrastructure investment (Metro Tunnel), established urban renewal zones (Southbank, Fishermens Bend), and strong apartment demand near transport. Multiple approved and under-construction projects reflect ongoing densification along major transport corridors and former industrial sites undergoing mixed-use conversion.

Heritage

Heritage listed

Melbourne's CBD and inner-city suburbs contain extensive Victorian and Edwardian heritage, with numerous state and nationally significant buildings. Many properties fall within heritage overlays or character residential areas managed by local councils, requiring planning approval for alterations. The city's strong 19th-century streetscapes and institutional buildings are protected through the Victorian Heritage Register and local planning schemes.

Sources: Australian Gov open data + StMate AI

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