OFF MARKET

2/3 Vermay Avenue
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 326m2
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Property Details for 2/3 Vermay Ave, Frankston

2/3 Vermay Ave, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 326m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in December 2017.

Building Type
Unit
Year Built
1990
Floor Size
83m2
Land Size
326m2
Local Government
Frankston
Lot/Plan
2/SP36683

Last Listing description (March 2018)

This very appealing unit has been built to exacting standards, ideally suited to low maintenance living, or a wise investment option to enjoy generous rental returns and potential capital gain.

The clever design includes; a stylish and deceptively large living area, complete with gas heating and an abundance of natural light that flows through charming colonial windows. The kitchen is a treat, large enough for entertaining, complete with a versatile island bench. Two generous bedrooms enjoy built-in robes. The centrally located bathroom is adjacent to a separate toilet. The separate laundry, with loads of space, sits next to the kitchen and is properly concealed from the rest of the living zones
At the rear of the property is where you'll find the rare feature of a large backyard which provides plenty of room for children to play and pets to roam in a fully fenced and secure outdoor oasis.

The lovely cobalt and grey tones, neutral carpets and easy flow floorplan emphasise the warm feel of the property. Finished with a single lock up garage and extra off street car parking space.
This delightful unit is ideally situated within a short walk to the local primary school, shops and bus stops or a quick 5 min drive to Frankston CBD and local beaches.

Being one of only two on the block there is no need for "Owners/Body Corp" requirements.

Looking for a place to call home or a very savvy real estate investment; you can't go past this one.
Expected rental return: $320 - $330 per week.

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Property History for 2/3 Vermay Ave, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$465,101
19 Dec 2017
Listed for Rent
$260/w
02 Feb 2013
  • 19 Dec 2017
    Sold for $465,101
  • 21 Oct 2017
    Listed for Sale 465101
  • 27 Oct 2012
    Listed for Rent $260 / 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 21,616 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 135 properties listed for sale, and 55 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 899 properties were sold in the past 12 months in Frankston.

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