SOLD
Sold on 21 Oct 2023 for $500,000

1/40 Frome Avenue
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
Land area: 165m2
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Property Details for 1/40 Frome Ave, Frankston

1/40 Frome Ave, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 165m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in Frankston in the last 12 months.

Building Type
Unit
Year Built
1950
Floor Size
95m2
Land Size
165m2
Local Government
Frankston
Lot/Plan
1/PS441802

Last Listing description (August 2019)

Walk to school, Monash University, medical facilities and reserves from this superbly-positioned unit in the Frankston High School Zone.
A central slice of real estate with a spacious floorplan and a light-filled vibe, this is an opportunity to make your mark in a prime Frankston position.
It's an affordable, low-maintenance first home, investment or downsizer minutes to the Frankston CBD, Frankston Station and the Frankston Waterfront.

Sweetwater Creek nature trails are within easy reach, for weekend strolls immersed in nature.
This north-facing 2-bedroom beauty commands the front position in a boutique cluster 300m to the Foot Street shops and walking distance to Frankston High School, Overport Primary School and bus stops.
A sunny front garden and patio flows into a well-proportioned interior featuring generous open-plan living.
A walk-in robe and a semi-ensuite adorn the spacious master bedroom; a built-in robe finishes the secondary bedroom; and an inviting kitchen with a gas cooktop adds culinary appeal.
Other appointments include ducted heating, security doors, a single carport with a shed, and space to park a 2nd vehicle off-street.
A red hot opportunity in the Zone.
* Auction Cancelled - Under Offer *

Property History for 1/40 Frome Ave, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$500,000
21 Oct 2023
Listed for Rent
$290/w
02 Dec 2011
  • 21 Oct 2023
    Sold for $500,000
  • 12 Jul 2019
    Sold for $435,000
  • 26 Jun 2019
    Listed for Sale Price on Application
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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 142 properties listed for sale, and 77 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 921 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.