SOLD
Sold on 03 Apr 2024 for $220,000

1/8 Reservoir Road
Frankston VIC 3199

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 156m2
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Property Details for 1/8 Reservoir Rd, Frankston

1/8 Reservoir Rd, Frankston is a 1 bedroom, 1 bathroom Unit and was built in 2000. The property has a land size of 156m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Unit sold in Frankston in the last 12 months.

Building Type
Unit
Year Built
2000
Land Size
156m2
Local Government
Frankston
Lot/Plan
1/PS520443

Last Listing description (June 2024)

Beautifully presentable one bedroom unit positioned in an over 55's complex showcases an impressive unit flooded with natural light. Step into a delightful lounge featuring a large split-system air conditioner. The spacious bedroom boasts triple built-in robes for ample storage. A generous combined laundry and bathroom feature a sizable shower. Enjoy a modern kitchen and an enclosed yard, complete with a private rear yard accessible directly from the carport. Walking distance to shops, transport, Frankston Power Centre & in close proximity to the RSL.

Property History for 1/8 Reservoir Rd, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$220,000
03 Apr 2024
Listed for Rent
$400/w
17 May 2024
  • 17 May 2024
    Listed for Rent $400 / week
  • 03 Apr 2024
    Sold for $220,000
  • 29 Aug 2012
    Sold for $225,001
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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 21,617 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 137 properties listed for sale, and 62 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 916 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.