SOLD
Sold on 16 Apr 2024 for $728,000

2/56 Summit Road
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 233m2
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Property Details for 2/56 Summit Rd, Frankston

2/56 Summit Rd, Frankston is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1960. The property has a land size of 233m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Unit sold in Frankston in the last 12 months.

Building Type
Unit
Year Built
1960
Land Size
233m2
Local Government
Frankston
Lot/Plan
2/PS731718

Last Listing description (September 2024)

Discover this exceptional rental property in one of Frankston's most coveted neighbourhoods. This modern and spacious single-level home offers a bright and airy living experience with a well-designed layout.

Features Include:
Three Generous Bedrooms: Master bedroom with an ensuite.

Additional Study: Perfect for a home office or extra space.
Open Plan Living: Enjoy a large, light-filled living area that seamlessly connects to outdoor spaces.
Climate Control: Gas ducted heating and split system cooling for year-round comfort.
Double Garage: Internal access for convenience.
Low Maintenance Gardens: Includes low maintenance gardens with entertaining area.

Location Benefits:
Proximity to Schools: Directly backing onto local schools and only a short walk to Frankston High School and Overport Primary School.
Convenient Amenities: Close to Foot Street shops, cafes, local transport, and parkland.
Easy Access: A short drive to Frankston beach, the CBD, and Frankston Hospital.

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Please note: To apply for this property, you must register for and attend an open for inspection to receive the code to submit your application. If you are unable to attend yourself, you may have someone attend on your behalf, or please contact the office to further discuss potential arrangements. PHOTO AND VIDEO IS STRICTLY NOT ALLOWED AS THESE ARE PRIVATELY OWNED PROPERTIES.

Property History for 2/56 Summit Rd, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$728,000
16 Apr 2024
  • 21 Aug 2024
    Listed for Rent $600 / week
  • 16 Apr 2024
    Sold for $728,000
  • 22 Nov 2023
    Listed for Sale $695,000 - $755,000
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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 21,617 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 63 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 912 properties were sold in the past 12 months in 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.