FOR SALE
$480,000 - $528,000

26 Candlebark Crescent
Frankston North VIC 3200

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 600m2
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Parkside property with subdivision appeal

Enticing with exciting affordability for starters, investors or developers seeking a superbly situated property close to shops, schools, parks and public transport, this three-bedroom home on a subdividable (STCA) 600m2 (approx) allotment offers endless opportunity and future possibilities.
The existing residence features a single level design and generous natural light across a well configured layout with a 6.4 metre living and dining area with original timber flooring, a high recessed ceiling and split-system heating and air conditioning.
An intersecting original kitchen is fitted with a freestanding stove and plenty of cabinetry. The bathroom is tucked down a separate hall beside the bedrooms and is full service with a shower, bathtub, vanity and toilet.
Outside, the shed is flanked by a 6 metre carport, which doubles as a handy alfresco area, while a savvy eye will immediately spot the potential to renovate and expand the home, subdivide the block or start again with a brand new residence (STCA).
Directly abutting Monterey Community Park with sporting fields and playground, the property is walking distance to the aquatic centre, Pines Forest shopping strip, Monterey Secondary College and Mahogany Rise Primary School.
Around 40 minutes' commute to Melbourne with easy access to Eastlink, the price point and proximity to amenities and the city centre will appeal to a broad range of buyers and investors.
Should you require any further information, please do not hesitate to contact Andrew Condon on 0407 766 774 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 Details for 26 Candlebark Cres, Frankston North

26 Candlebark Cres, Frankston North is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 600m2. The place is currently for sale with Ray White Frankston.

Building Type
House
Land Size
600m2

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About Frankston North 3200

The size of Frankston North is approximately 5.1 square kilometres. It has 17 parks covering nearly 37% of total area. The population of Frankston North in 2011 was 5,626 people. By 2016 the population was 5,779 showing a population growth of 2.7% in the area during that time. The predominant age group in Frankston North is 20-29 years. Households in Frankston North are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Frankston North work in a labourer occupation. In 2011, 52.8% of the homes in Frankston North were owner-occupied compared with 51.1% in 2016.

Frankston North has 2,769 properties. Over the last 5 years, Houses in Frankston North have seen a 36.36% increase in median value, while Units have seen a 20.67% increase. As at 31 July 2024:

  • The median value for Houses in Frankston North is $597,568 while the median value for Units is $519,818.
  • Houses have a median rent of $455 while Units have a median rent of $420.
There are currently 16 properties listed for sale, and 10 properties listed for rent in Frankston north on OnTheHouse. According to CoreLogic's data, 141 properties were sold in the past 12 months in Frankston north.

Suburb Insights for Frankston North 3200

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Andrew Condon
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Ray White 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.