16/325 Nepean HighwayFrankston VIC 3199
Property Details for 16/325 Nepean Hwy, Frankston
16/325 Nepean Hwy, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 9658m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (September 2023)
Representing truly outstanding value, the property is currently vacant, however, could achieve approximately $310 per week if the apartment was to be readvertised.
Council rates are approximately $664 annually & body corporate fees are approximately $4,496 per annum.
The apartment is solid brick and concrete construction. Other features include: 2 well-sized bedrooms, living area, kitchenette, separate bathroom & off street parking space.
Located within walking distance to everything you desire, just under 300 meters to the beach, 700 meters to Frankston central, 1.1kms to the Train Station, and many major retailers, cafes, restaurants and entertainment venues all within a short stroll away.
The price is fixed to sell and will remain firm!
Please contact Adrian Foster for further information.
Property History for 16/325 Nepean Hwy, Frankston, VIC 3199
- 01 Aug 2023Listed for Sale $185,000
- 10 Jul 2023Sold for $185,000
- 16 Jun 2023Listed for Sale $185,000
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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 21,615 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.
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