OFF MARKET

1/16 Petrie Street
Frankston VIC 3199

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 85m2
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Last updated 11 Nov 2024
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Property Details for 1/16 Petrie St, Frankston

1/16 Petrie St, Frankston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1968. The property has a land size of 85m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
1968
Floor Size
57m2
Land Size
85m2
Local Government
Frankston
Lot/Plan
11/RP9347

Last Listing description (January 2022)

**Inspections via private appointment only**

Important Notice: In accordance with Victorian Government requirements only fully vaccinated people will be able to attend Open for Inspections. Attendees must check-in via a QR code and provide evidence of being fully vaccinated prior to entry. If you are unvaccinated please email or SMS Aaron Froling for a private inspection.

A well-maintained unit with plenty to offer. Ideal for anyone looking to invest, purchaser their first home or downsize. Positioned perfectly, just a stone's throw away from Bayside Shopping Centre, Frankston Train Station, Frankston Foreshore and not to mention all the local Cafes and Restaurants.

Including:
Spacious light-filled living area
Built-in bench seat
Modern kitchen
Original timber floorboards
Stone benchtops
Stainless steel appliances
Ample storage throughout
Spacious bedroom with carpet and BIR
Central bathroom
Split system air conditioning and heating
Outdoor deck for entertaining
In the Frankston High School Zone

This property is currently rented for $293 with the lease ending in May 2022.

Property History for 1/16 Petrie St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$362,499
13 Nov 2021
Listed for Rent
$290/w
20 May 2021
  • 13 Nov 2021
    Sold for $362,499
  • 06 Sep 2021
    Listed for Sale $362,500
  • 10 May 2021
    Listed for Rent $290 / week
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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 21,615 properties. Over the last 5 years, Houses in Frankston have seen a 25.61% increase in median value, while Units have seen a 22.65% increase. As at 31 October 2024:

  • The median value for Houses in Frankston is $722,720 while the median value for Units is $505,673.
  • Houses have a median rent of $550 while Units have a median rent of $453.
There are currently 140 properties listed for sale, and 57 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 908 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

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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.