SOLD
RECENT ADVICE
Sold on 22 Jul 2024 for $320,000

2/44 Petrie Street
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
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Property Details for 2/44 Petrie St, Frankston

2/44 Petrie St, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Frankston in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
59m2
Local Government
Frankston
Lot/Plan
2/RP9609

Last Listing description (July 2024)

This ground-floor unit is a fantastic choice for investors, downsizers, or first-time buyers, thanks to its low maintenance living in an unbeatable location. Seize this opportunity to secure an excellent value-for-money property and capitalise on the growing marketing conditions.

With its open floor plan, this unit caters perfectly to low maintenance living preferences. The kitchen seamlessly connects to the spacious living area, creating a bright and inviting space. For those who relish entertaining, the unit boasts an expansive backyard.

Inside, you'll find two generously sized bedrooms. Additional storage space is available in the linen cupboard. The bathroom is located centrally to both bedrooms. The property also comes with a dedicated single car parking space.

Location wise you are just a short stroll to the Frankston CBD, Frankston train station, Frankston's immaculate beach & a host of great restaurants.

Property History for 2/44 Petrie St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$320,000
22 Jul 2024
Listed for Rent
$170/w
28 Feb 2015
  • 22 Jul 2024
    Sold for $320,000
  • 15 May 2024
    Listed for Sale $320,000 - $350,000
  • 13 Feb 2015
    Listed for Rent $170 / 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 21,629 properties. Over the last 5 years, Houses in Frankston have seen a 34.06% increase in median value, while Units have seen a 31.39% increase. As at 31 July 2024:

  • The median value for Houses in Frankston is $735,415 while the median value for Units is $513,508.
  • Houses have a median rent of $540 while Units have a median rent of $450.
There are currently 137 properties listed for sale, and 58 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 920 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

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John Walsh
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Heidi Andrews
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Aquire Real Estate Frankston
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.