OFF MARKET

1/42 Margate Avenue
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 141m2
Land area: 282m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 30 Sep 2024
Low

High
Save

Property Details for 1/42 Margate Ave, Frankston

1/42 Margate Ave, Frankston is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2019. The property has a land size of 282m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
Townhouse
Year Built
2019
Floor Size
141m2
Land Size
282m2
Local Government
Frankston
Lot/Plan
1/PS829800

Last Listing description (January 2020)

Quality built to reflect a sense of timeless contemporary style, this brand new townhouse celebrate family living and potential for exceptional rental returns, superbly positioned within the prestige Frankston High School Zone.

Detached and boasting a fantastic two-level layout, this sensational contemporary residence tick all the boxes with prestige stone-topped kitchen, open-plan floor plan and superb low-maintenance outdoor area. Features luxury finishes including full-height bathroom tiling, stone benchtop and hybrid timber flooring, and offer a complete package of appointments including split system heating and cooling, stainless steel Technika appliances, water tank, built-in robes, storage and BOSCH alarm system.

Offering two bedrooms, two bathrooms, laundry and double garage, the home offers indoor/outdoor living with complete privacy and an abundance of intelligent storage throughout. Position perfect and built to a high standard, the home is ideally set just a few steps to Frankston Heights Primary, Heatherhill Road shops, Frankston High School, Overport Primary and public transport. Frankston CBD and the beach are within a few minutes reach, with the hospital, university and train station just down the road.

Property History for 1/42 Margate Ave, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$600,050
07 Dec 2019
  • 10 Dec 2019
    Listed for Sale $550,000 - $605,000
  • 07 Dec 2019
    Sold for $600,050

Commute Calculator

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.

Suburb Insights for Frankston 3199

Market Insights
Frankston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Frankston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.