SOLD
RECENT ADVICE
Sold on 16 Oct 2024 for $695,000

1/5 Lorraine Street
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 1/5 Lorraine St, Frankston

1/5 Lorraine St, Frankston is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Townhouse sold in Frankston in the last 12 months.

Building Type
Townhouse
Local Government
Frankston
Lot/Plan
1/PS843028

Last Listing description (October 2024)

Welcome to your new home at 1/5 Lorraine Street, a beautifully presented townhouse in the heart of Frankston Central. This property offers the perfect blend of modern living and convenience.

As you enter, you'll be greeted by an impressive decked entryway that sets the tone for the contemporary style within. The spacious open-plan living area features sliding glass doors that lead out to a charming front yard, complete with block-out blinds and sheer curtains for added privacy and light control.

The dining area, adjacent to the living space, is equipped with a split system that ensures year-round comfort. It also offers sliding glass door access to a delightful courtyard, perfect for outdoor entertaining. The modern kitchen boasts high-quality appliances, including a dishwasher, oven, and cooktop, along with ample storage space.

Upstairs, you'll find a versatile second living room with ample storage and block-out blinds. The master bedroom is a retreat of its own, featuring block-out blinds, a split system, and an ensuite with a tiled shower, single vanity, and toilet. The second bedroom also includes a split system and block-out blinds.

Additional features include a second bathroom, a fenced courtyard with a decked area, grass, manicured garden beds, a built-in clothesline, a water tank, a shed, and a single lock-up garage with internal and external access.

Located close to Frankston Beach, TAFE, Bayside Shopping Centre, and Frankston Hospital, this townhouse offers unmatched convenience and modern living. Don't miss your chance to own this fantastic property. Contact us today to arrange a viewing!

Disclaimer: In preparing this information, OBrien Real Estate Frankston has relied in good faith upon information provided by others and has made all reasonable efforts to ensure that the information is correct. The accuracy of the information provided to you (whether written or verbal) cannot be guaranteed. If you are considering this property, you must make all enquiries necessary to satisfy yourself that all information is accurate. Please note that inspection times are subject to change without notice, we suggest you check the online marketing/listing on the day.

Property History for 1/5 Lorraine St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$695,000
16 Oct 2024
  • 16 Oct 2024
    Sold for $695,000
  • 15 Aug 2024
    Listed for Sale $650,000 - $715,000

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About Frankston 3199

The size of Frankston is approximately 19.8 square kilometres. It has 72 parks covering nearly 21.2% of total area. The population of Frankston in 2011 was 35,009 people. By 2016 the population was 36,090 showing a population growth of 3.1% in the area during that time. The predominant age group in Frankston is 30-39 years. Households in Frankston are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Frankston work in a professional occupation. In 2011, 58.7% of the homes in Frankston were owner-occupied compared with 56.8% in 2016.

Frankston has 21,561 properties. Over the last 5 years, Houses in Frankston have seen a 28.22% increase in median value, while Units have seen a 25.38% increase. As at 30 September 2024:

  • The median value for Houses in Frankston is $723,155 while the median value for Units is $511,678.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 151 properties listed for sale, and 62 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 887 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

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Luke Magree
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John Mazzuchelli
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OBrien Real Estate Frankston
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.