FOR SALE
P.O.A.

23 Margate Avenue
Frankston VIC 3199

Bedrooms: 7
Bathrooms: 7
Car spaces: -
Land area: 1620m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Large Block 2 Titles

Large allotment (double block) opposite Bruce Park Playground and a short distance from Frankston Heights Primary school, Monash University (Frankston Campus) and a short drive from Frankston Shopping Centre and Beach.
The two blocks have a combined frontage of approximately 35.1 and a depth of 46.2 making it a versatile block for new developments (STCA)
Formely a child care centre the building is positioned to allow a large rear yard as a playground. In recent years this building has been cleverly converted to an seven-bedroom dwelling, each with their own bathroom facilities, air-conditioning, kitchenette and rooming house approval to provide individual leases for students and others within the community.
Individual room rents vary from $170-$190 per week. Approximate Gross Weekly Return of $1205
For a Private inspections, please contact Theresa Huynh on 0450 551 959
View Statement of Information

Property Details for 23 Margate Ave, Frankston

23 Margate Ave, Frankston is a 7 bedroom, 7 bathroom Other. The property has a land size of 1620m2. The place is currently for sale with CENTURY 21 Theresa Huynh.

Building Type
Other
Land Size
1620m2

Commute Calculator

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 21,716 properties. Over the last 5 years, Houses in Frankston have seen a 25.85% increase in median value, while Units have seen a 22.93% increase. As at 30 November 2024:

  • The median value for Houses in Frankston is $730,330 while the median value for Units is $515,139.
  • Houses have a median rent of $550 while Units have a median rent of $460.
There are currently 105 properties listed for sale, and 64 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 921 properties were sold in the past 12 months in Frankston.

Frankston Profile Page

Suburb Insights for Frankston 3199

Visit Frankston profile page
Market Insights
Frankston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Frankston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Frankston profile page
Contact agent
Theresa Huynh
Show contact details
Call agent
Bon Ta
Show contact details
Call agent
CENTURY 21 Theresa Huynh
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED