OFF MARKET

2/7 Petrie Street
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 73m2
Land area: 984m2
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Property Details for 2/7 Petrie St, Frankston

2/7 Petrie St, Frankston is a 2 bedroom, 1 bathroom Unit and was built in 1969. The property has a land size of 984m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
1969
Floor Size
73m2
Land Size
984m2
Local Government
Frankston
Lot/Plan
8/RP18391

Last Listing description (March 2022)

Encouraging an effortless and convenient lifestyle, this updated apartment's graceful positioning provides an exciting opportunity to establish a foothold within this blue-chip central pocket of Frankston.

Set on the lower level of a double-storey complex, the apartment welcomes you inside to a largely open-plan space, overseen from a chic kitchen updated with a gas cooker. Two robed bedrooms are set to one side, both closely serviced by a stylish central bathroom/laundry and a separate toilet.

Finished with split system heating and cooling and a covered car space, this fantastic investment opportunity sits in the FHSZ, metres away from Beach Street shopping, Chisholm TAFE, Frankston Station and CBD, Frankston Beach and quick freeway access.

Property History for 2/7 Petrie St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$370,500
22 Feb 2022
Listed for Rent
$310/w
12 Jan 2021
  • 22 Feb 2022
    Sold for $370,500
  • 18 Feb 2022
    Listed for Sale $370,500
  • 05 Jan 2021
    Listed for Rent $310 / 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 21,643 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 142 properties listed for sale, and 77 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.