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Sold on 20 Jun 2024 for $525,000

2/16 Mereweather Avenue
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 2/16 Mereweather Ave, Frankston

2/16 Mereweather Ave, Frankston is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Townhouse sold in Frankston in the last 12 months.

Building Type
Townhouse
Local Government
Frankston
Lot/Plan
2/PS805513

Last Listing description (June 2024)

If you dream of a beachside life with minimal fuss and easy upkeep, this contemporary townhouse might be your perfect match! Situated just 600m from the beach and a short stroll to Frankston CBD, it's the ideal central base
to enjoy the best of relaxed living and modern convenience from the privacy of your own home, with a versatile layout that allows you to live and work how you want.

The tri-level layout will impress, designed with flexibility in mind and a space for everyone to escape. The open-plan living area is bright and inviting, complete with a dining space and a stylish kitchen featuring quality stainless steel Westinghouse appliances. Step out onto the entertainer's balcony through sliding doors, and you've got the perfect spot for year-round indoor/outdoor living.

Upstairs, two bedrooms with robes share a Jack and Jill ensuite bathroom – including the main bedroom with walk-in robes.

The ground floor is a superb space to work from home with a study or third bedroom, with its own courtyard and access to the secure single-car garage.

Highlighted by trendy tiled flooring, a Euro laundry, intercom, split system heating and cooling, all in a blue-chip locale with the best of Frankston's restaurants, bars and shops, parks and endless lifestyle amenities, including the train station all within walking distance.

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Property History for 2/16 Mereweather Ave, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$525,000
20 Jun 2024
Listed for Rent
$420/w
09 Aug 2023
  • 01 Jun 2024
    Sold for $525,000
  • 12 Feb 2024
    Listed for Sale $500,000 - $550,000
  • 25 Jul 2023
    Listed for Rent $420 / 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 21,617 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.
There are currently 137 properties listed for sale, and 62 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 915 properties were sold in the past 12 months in Frankston.

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