OFF MARKET

2/1 Tower Avenue
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 152m2
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Last updated 30 Sep 2024
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Property Details for 2/1 Tower Ave, Frankston

2/1 Tower Ave, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 152m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in June 2016.

Building Type
Unit
Year Built
2008
Floor Size
90m2
Land Size
152m2
Local Government
Frankston
Lot/Plan
5/PS609937

Last Listing description (July 2023)

Boasting light and bright interiors with neutral tones throughout, this two-bedroom unit is perfect for those seeking stylish, low maintenance living.

Features Include:
- Two spacious bedrooms

- Large open plan living and dining area
- Modernised kitchen with stainless-steel appliances and breakfast bar
- Modernised bathroom with separate toilet and laundry
- Gas ducted heating throughout
- Private courtyard with paved entertaining area plus a water tank
- Single lock up garage

This unit is set in the perfect location, just moments to Frankston's CBD, beach, public transport, and major shopping facilities.

*COVID-19 IMPORTANT UPDATE:
Under the current restrictions, we are permitted to conduct private inspections. We request that you submit an application for the property, should you be successful we will arrange a private inspection prior to signing documents. No inspection will be granted prior to applications being submitted.*

Available from 25/09/2020

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Property History for 2/1 Tower Ave, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$340,000
16 Jun 2016
Listed for Rent
$315/w
07 Oct 2020
  • 31 Jul 2023
    Listed for Rent $315 / week
  • 09 Sep 2020
    Listed for Rent $315 / week
  • 08 Nov 2016
    Listed for Rent $305 / 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 21,643 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.

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