143/325 Nepean HighwayFrankston VIC 3199
Property Details for 143/325 Nepean Hwy, Frankston
143/325 Nepean Hwy, Frankston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a floor size of 33m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Last Listing description (May 2023)
Within an established apartment complex with secure gated entry, these already tenanted studio apartments are available as an investment opportunity in central Frankston.
Secure these properties and sit back to enjoy the recurring rental income.
In addition, the apartments have kitchenettes, timber and carpeted flooring, ample natural light and bathrooms with shower, vanity and toilet. In the communal area outside, there's a covered walkway to and from the front gate, with planting through the central section.
Positioned just 350m to the beach, and a short walk to Bayside Shopping Centre and train station, this is a great location with cafs, bus stops, walking trails and other amenities nearby.
Property History for 143/325 Nepean Hwy, Frankston, VIC 3199
- 14 Apr 2023Listed for Sale $100,000
- 07 Apr 2023Sold for $100,000
- 23 Jul 2018Listed for Rent $190 / week
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0About 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 21,641 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.
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