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Sold on 10 Aug 2024 for $634,000

5 Rassay Court
Frankston VIC 3199

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 661m2
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Property Details for 5 Rassay Ct, Frankston

5 Rassay Ct, Frankston is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 661m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Frankston in the last 12 months.

Building Type
House
Land Size
661m2
Local Government
Frankston
Lot/Plan
67/LP115953

Last Listing description (August 2024)

A quintessential four-bedroom home with classic charm and untapped potential, this Whistlestop Estate address offers first-time buyers or project-seekers an unrivalled allure. Poised in a premier court locale across 665sqm (approx.) of land, it boasts a unique opportunity for modern enhancement with renovation or rebuild potential (STCA).

With a flat allotment and private surroundings delivering the perfect foundation for those with a creative vision, the existing home comes complete with four bedrooms, a main bathroom, and an entertaining domain. With room for both living and dining amongst a practical kitchen.

Outside, a secure rear yard with shed and double gate access, and long driveway provides ample off-street parking. With sensational future potential offering unlimited opportunities for financial reward, this untapped offering awaits only moments from Karingal Heights Primary School, Peninsula Country Golf Club, Karingal Hub, public transport and easy freeway access.

Should you require any further information, please do not hesitate to contact Andrew Condon on 0407 766 774 or Brooke Wegener on 0448 382 643 anytime.

Please note Photo ID is required for all inspections.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

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Property History for 5 Rassay Ct, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$634,000
10 Aug 2024
  • 10 Aug 2024
    Sold for $634,000
  • 17 Jul 2024
    Listed for Sale $590,000 - $649,000
  • 08 Sep 2023
    Transferred
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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 21,520 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 139 properties listed for sale, and 62 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 928 properties were sold in the past 12 months in Frankston.

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