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Sold on 03 Aug 2024 for $866,000

9 Bayview Road
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 650m2
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Property Details for 9 Bayview Rd, Frankston

9 Bayview Rd, Frankston is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 650m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Frankston in the last 12 months.

Building Type
House
Land Size
650m2
Local Government
Frankston
Lot/Plan
73/LP11532

Last Listing description (August 2024)

Nestled within the coveted Frankston High School zone and just steps away from the Foot Street shops, this property is a prime opportunity for developers and homeowners alike. With recent high-end developments in the street, this property presents a fantastic chance to invest in a thriving area.

This charming 1980s home spans three levels and sits on a generously sized block of approximately 650sqm. Whether you choose to renovate or clear the site for a new development project, the potential is immense. Approved plans and permits for two townhouses are included, making it an ideal venture for astute developers.

The existing home, though in need of some TLC, boasts original hardwood timber flooring throughout. It features three spacious bedrooms, including a main bedroom with a large walk-in robe, and two additional bedrooms with built-in robes. The home study, complete with built-in desks, can also serve as a fourth bedroom. Comfort is ensured with a cosy open fireplace in the upstairs lounge, gas heating, electric heating, and a split system. The lower level features a large utility room and laundry with convenient access to the yard.

Situated in the Frankston High School zone and close to Overport Primary School, Foot Street shopping strip, Towerhill Road shops, George Pentland Gardens, Monash University, Frankston Hospital, and public transport, this property is superbly located. With significant development currently underway, Frankston is a major growth area, making now the perfect time to enter the market.

Approved plans and permits are available upon request. Don't miss out on this exceptional opportunity!

Property History for 9 Bayview Rd, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$866,000
03 Aug 2024
Listed for Rent
$395/w
01 Apr 2021
  • 03 Aug 2024
    Sold for $866,000
  • 23 Jul 2024
    Listed for Sale $820,000 - $885,000
  • 22 Feb 2021
    Listed for Rent - Price not available
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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 21,629 properties. Over the last 5 years, Houses in Frankston have seen a 34.06% increase in median value, while Units have seen a 31.39% increase. As at 31 July 2024:

  • The median value for Houses in Frankston is $735,415 while the median value for Units is $513,508.
  • Houses have a median rent of $540 while Units have a median rent of $450.
There are currently 137 properties listed for sale, and 58 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 920 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

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Badiha Cook
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Michael Mcclure
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Eview Group - Eview Group
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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.