OFF MARKET

1 The Rise
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 120m2
Land area: 315m2
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Last updated 30 Sep 2024
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Property Details for 1 The Rise, Frankston

1 The Rise, Frankston is a 3 bedroom, 1 bathroom Townhouse with 2 parking spaces. The property has a land size of 315m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
Townhouse
Floor Size
120m2
Land Size
315m2
Local Government
Frankston
Lot/Plan
2/PS341320

Last Listing description (June 2020)

OPEN HOME CANCELLED ** UNDER CONTRACT **Nestled behind a white picket fence this immaculately presented and light filled home, is positioned in a blue chip Frankston location within walking distance to public transport and local amenities. The home has been exceptionally well maintained and is within a private pocket of Frankston Heights.An inspection will leave you impressed with: * Spacious interior and a highly demanded floorplan* Alluring indoor to outdoor living arrangement* The central kitchen offers a four burner gas cooktop, electric oven, ample cupboard and bench space, stainless steel appliances and panoramic views of the Dandenong Rangers.* A designated dining space offers direct access to a huge north facing covered pergola* Upon entering the home you’re welcomed with a large light filled lounge * Three large bedrooms, the master bedroom offering built in wardrobes and direct access to a semi-ensuite bathroom* The bathroom is a good size and offers a stand-alone bathtub, shower and single vanity* Split system heating and cooling* Single lock up garage with a remote door and rear access * Large covered entertaining Located:* Within proximity to several reputable schools* Within walking distance of sporting and recreational facilities* Within metres of public transport infrastructure* Approximately 2.9KM to the Frankston CBD* Approximately 3.7KM to the Frankston Train StationFrankston is one of Melbourne’s fastest growing and most desirable locations for many reasons. An affluent demographic of prospective purchaser’s are seeing enormous value in the lifestyle elements this great city offers! This is a great opportunity to enjoy Frankston’s:* Award winning foreshore precinct and beach* Sporting and recreational amenities* Multitude of restaurants, cafes entertainment options* Ever expanding selection of shopping outlets* Proximity to Melbourne as well as the Mornington PeninsulaImportant update regarding COVID 19:Your health and safety is a priority. Ash Marton Realty will be extremely attentive in adhering to the advice and instruction of the relevant health authorities at this time.

Property History for 1 The Rise, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$555,000
09 Jun 2020
  • 09 Jun 2020
    Sold for $555,000
  • 25 May 2020
    Listed for Sale $540,000 - $580,000
  • 15 Aug 2016
    Sold for $350,000
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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.

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.