OFF MARKET

13/1A Lee Street
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 197m2
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Property Details for 13/1a Lee St, Frankston

13/1a Lee St, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 197m2. While the property is not currently for sale or for rent, it was last transferred in September 2020.

Building Type
Unit
Year Built
1980
Land Size
197m2
Local Government
Frankston
Lot/Plan
13/SP31712

Last Listing description (October 2015)

What a fabulous opportunity is on offer here! Superbly located in a fabulous cul-de-sac estate, this lovely freestanding homette is ideal for those looking to start or add to their investment portfolio. Situated in this popular and secure location and within walking distance to transport and local facilities. Extremely well presented and maintained, comprising two good size bedrooms with built-in robes, separate lounge room and a generous kitchen overlooking the meals area. Central bathroom and a separate laundry with access to a very private rear courtyard and a lock-up garage. Approximate rental income of $1,151pcm which is an approximate 5% return. Close to Peninsula Link and Eastlink freeways, as well as shops, transportation and schools.

Property History for 13/1a Lee St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Transferred
23 Sep 2020
Listed for Rent
$260/w
25 Nov 2014
  • 23 Sep 2020
    Transferred
  • 23 Feb 2015
    Sold for $275,100
  • 09 Dec 2014
    Listed for Sale ABOVE $270,000
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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.