OFF MARKET

1/3 Reservoir Road
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 235m2
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Last updated 30 Sep 2024
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Property Details for 1/3 Reservoir Rd, Frankston

1/3 Reservoir Rd, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 235m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in February 2011.

Building Type
Unit
Year Built
1998
Floor Size
82m2
Land Size
235m2
Local Government
Frankston
Lot/Plan
1/PS415166

Last Listing description (June 2019)

Beautifully presented property, consisting of two bedrooms, open plan lounge/family area, separate kitchen with gas hotplates, electric oven and grill. Master bedroom has walk through wardrobe with two way bathroom. Undercover outdoor entertaining area with manicured gardens and a large single garage. Walking distance to transport, Frankston CBD, Jubilee Park sports ground and swimming centre.

Property History for 1/3 Reservoir Rd, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$310,000
17 Feb 2011
Listed for Rent
$340/w
18 Jun 2019
  • 11 Jun 2019
    Listed for Rent - Price not available
  • 04 Jun 2018
    Listed for Rent $320 / week
  • 28 Nov 2017
    Listed for Rent $300 / 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 21,643 properties. Over the last 5 years, Houses in Frankston have seen a 29.61% increase in median value, while Units have seen a 29.26% increase. As at 31 August 2024:

  • The median value for Houses in Frankston is $723,953 while the median value for Units is $518,419.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 140 properties listed for sale, and 80 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 921 properties were sold in the past 12 months in Frankston.

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