OFF MARKET

27 Kareela Road
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 102m2
Land area: 699m2
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Property Details for 27 Kareela Rd, Frankston

27 Kareela Rd, Frankston is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1968. The property has a land size of 699m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
House
Year Built
1968
Floor Size
102m2
Land Size
699m2
Local Government
Frankston
Lot/Plan
13/LP51066

Last Listing description (March 2021)

Calling all first-home buyers, investors and buyers craving space for tools and toys - this ideally positioned home is ready and waiting for you!

There is potential to extend, update or renovate here (STCA) taking advantage of the abundance of space both inside and outside the home. The options are endless with bright, open plan living adjoining the kitchen and meals area equipped with gas cooking, dishwasher and dual oven. The 3-bedrooms are each spacious in size with built-in robes to the master, all serviced by a family bathroom with an easy-access walk-in shower, separate toilet and full-sized laundry.

Outside, a large double garage-sized workshop with adjoining carport promotes itself beautifully to the tradie seeking work and storage space. A mature vegetable garden serviced by water tanks, is ideal for the home chef, while the rear undercover area and separate deck to the side are longing to connect to create a fantastic entertaining space. Finished with ducted heating and vacuum, evaporative cooling and hardwood floors throughout.

Keen developers will also love the space over the 699sqm (approx.) allotment offering endless future potential just moments to Karingal Hub Shopping Centre and Village Cinemas. Jubilee and Ballam Parks are just a hop, skip and a jump away, while an array of public transport options and a short distance to Frankston Hospital, Monash University and Frankston CBD has this home perfectly placed!

Property History for 27 Kareela Rd, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$545,000
09 Sep 2020
  • 09 Sep 2020
    Sold for $545,000
  • 05 Aug 2020
    Listed for Sale $490,000 - $540,000
  • 01 Dec 1987
    Sold for $75,000

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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.