OFF MARKET

2/5 Reservoir Road
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 89m2
Land area: 190m2
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Property Details for 2/5 Reservoir Rd, Frankston

2/5 Reservoir Rd, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 190m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
Unit
Year Built
1977
Floor Size
89m2
Land Size
190m2
Local Government
Frankston
Lot/Plan
2/RP10325

Last Listing description (April 2022)

A Sweet Start with Garden Galore

Full of light and renovated warmth, this idyllic 2 bedroom villa sets the stage for starting out with style while giving you space to grow.

Enjoying an oversized courtyard garden with alfresco area, there's scope to extend or landscape the space to glam up the garden, while inside features an entry hall with storage, a light filled living and dining area, subway tiled stone kitchen with stainless steel appliances and a pantry; 2 bright bedrooms (BIRs), a fresh modern bathroom, separate toilet and a functional laundry.

Warm with polished boards, this casual retreat also has all the qualities of a great investment, retiree's nest or downsizer, complete with ducted heating, reverse cycle air conditioning, security doors and an auto garage with driveway parking.

In this quiet parkside location, near Jubilee Park, metres to Monash University's Frankston campus, Leawarra train station, bus services and the Frankston Power Centre, within easy reach of Frankston's CBD, Chisholm Institute, Ballam Park and spectacular beaches.

Property History for 2/5 Reservoir Rd, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$523,000
26 Jan 2022
Listed for Rent
$260/w
29 Jun 2012
  • 26 Jan 2022
    Sold for $523,000
  • 18 Jan 2022
    Listed for Sale $480,000 - $520,000
  • 22 Feb 2017
    Sold for $376,000
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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.

Suburb Insights for Frankston 3199

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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.