OFF MARKET

1/5 Nolan Street
Frankston VIC 3199

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 322m2
Land area: 479m2
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Property Details for 1/5 Nolan St, Frankston

1/5 Nolan St, Frankston is a 5 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1956. The property has a land size of 479m2 and floor size of 322m2. While the property is not currently for sale or for rent, it was last sold in August 2019.

Building Type
Unit
Year Built
1956
Floor Size
322m2
Land Size
479m2
Local Government
Frankston
Lot/Plan
1/PS644828

Last Listing description (May 2019)

Positioned amongst Olivers Hill s most treasured addresses, this renovated character home over three levels has undergone a stylish transformation to deliver a fabulous open plan design and impressive entertaining options including an outdoor heated pool/spa for endless outdoor fun.
Built in 1956 as a luxury beach house, this enchanting clinker brick home boasts five bedrooms including an enormous upper level master suite with stunning views to the bay and a tantalizing mix of indoor and outdoor living.
Located in the popular Frankston High School zone, this unique home on an easy care 479sqm (approx.) block, promises plenty of time to soak up the spoils of this enviable seaside spot.

On the ground floor, anchored by the mellow warmth of polished timber floors, there is a huge open dining and family room with cosy open fireplace that leads out to a sunroom that makes for a glorious spot for breakfast with the paper, large modern chefs kitchen, stunning central modern bathroom with separate shower and claw bath, separate powder room and, three large bedrooms all with built-in-robes.
Upstairs there are two large bedrooms with stunning views to the bay, walk-in-robes for each and a shared central modern bathroom fit for a King and Queen.
Downstairs there is a studio area that would be ideal for an artist or handyman, separate laundry and toilet and tandem garage.
Outside there is a covered alfresco area that looks out to the heated pool/spa.
Extras include ducted heating and reverse cycle air conditioning.
This is a rare chance to buy into one of Frankston s best locations where you can grab a towel and take a 5 minute walk to the beach or walk 15 minutes to Frankston s city centre where you can stroll for an afternoons shopping, to the theatre, cinemas and fine dining.

Property History for 1/5 Nolan St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$1,075,000
07 Aug 2019
  • 07 Aug 2019
    Sold for $1,075,000
  • 26 Feb 2019
    Listed for Sale $1,100,000 - $1,210,000
  • 07 Jul 2015
    Sold for $800,000

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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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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.