SOLD
Sold on 01 Mar 2024 for $730,000

1 Bidgee Street
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 113m2
Land area: 551m2
Sold By
Fosterfroling Real Estate
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Property Details for 1 Bidgee St, Frankston

1 Bidgee St, Frankston is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1968. The property has a land size of 551m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Frankston in the last 12 months.

Building Type
House
Year Built
1968
Floor Size
113m2
Land Size
551m2
Local Government
Frankston
Lot/Plan
57/LP62521

Last Listing description (April 2024)

Welcome to 1 Bidgee Street, Frankston where versatility meets comfort in this stunning property!

?? Main Residence:
Step into a stately 3-bedroom home that exudes modern elegance. Solid hardwood flooring guides you through a spacious living area, complemented by a well-appointed kitchen featuring a convenient breakfast bar. With gas ducted heating and evaporative cooling, comfort is always at your fingertips. The modern bathroom boasts a corner spa for ultimate relaxation. Neutral tones, brand new carpet in bedrooms, and an inviting covered alfresco area complete this charming space. Plus, a single lock-up garage and garden shed adds a practical touch.

? Self-Contained Unit:
Discover the additional gem a self-contained unit perfect for various needs. This unit features a large open living area, a well-tiled kitchen, a separate bathroom, and a king-size bedroom. Stay comfortable year-round with the split system heating & cooling. The unit is metered separately for electricity offering independence and flexibility.

?? Versatile Living for Everyone:
The unique layout of this property makes it ideal for a variety of lifestyles. Whether accommodating a growing family, providing space for teenagers, or hosting extended family members, the two dwellings offer privacy and togetherness when desired. A fence separates the dwellings, but the option to remove it exists, enhancing the unity of the property.

?? Investment Opportunity:
For savvy investors, this property is a dream come true. Two separate lots of rent with only one lot of land tax make this a financially astute choice. Don't overlook the potential for dual income and a solid return on investment. Although both dwellings are on one title, these dwellings are both separately metered.

?? Live Smart Smash Down Your Mortgage!
Imagine the possibilities! Live in one dwelling and let the other assist in paying down your mortgage. This unique opportunity allows you to enjoy the comfort of your home while generating additional income. Be the clever one to leverage this dual-living setup and make your financial dreams a reality.

Don't miss out on this exceptional opportunity to own a versatile and income-generating property. Contact us today to schedule a viewing and make 1 Bidgee Street your new home! ??

Property History for 1 Bidgee St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$730,000
01 Mar 2024
Listed for Rent
$390/w
23 May 2022
  • 01 Mar 2024
    Sold for $730,000
  • 10 Nov 2023
    Listed for Sale Not Disclosed
  • 23 May 2022
    Listed for Rent $390 / 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 21,620 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 143 properties listed for sale, and 59 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 902 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.