SOLD
Sold on 13 Mar 2024 for $525,000

3/16 Mereweather Avenue
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 104m2
Land area: 610m2
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Property Details for 3/16 Mereweather Ave, Frankston

3/16 Mereweather Ave, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 610m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Frankston in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
104m2
Land Size
610m2
Local Government
Frankston
Lot/Plan
3/PS805513

Last Listing description (January 2019)

Be the first to live in one of these brand new three storey townhouses. Situated in a quiet block, walking distance to all Frankston has to offer including the beach, transport and the CDB.
Featuring a modern entertainer's kitchen complete with quality stainless steel appliances, lounge with balcony access, dining area, powder room, 2 bedrooms with robes and a central bathroom. Study or storeroom and live in comfort with split system heating and cooling in the living and both bedrooms.
Other inclusions: Single lock up remote garage with internal access into the apartment for that ultimate security. European laundry. Get in quick as these beautiful properties will not last long!

Property Features:
- Kitchen with stainless steel appliances
- Lounge with balcony access
- 2 bedrooms
- Study or Storeroom
- Split system heating and cooling
- Single lock up remote garage with internal access
- European Laundry
- Rent per calendar month: $1,477
- Bond: $1,477
- Available: 19th November

Property History for 3/16 Mereweather Ave, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$525,000
13 Mar 2024
Listed for Rent
$340/w
02 Jan 2019
  • 13 Mar 2024
    Sold for $525,000
  • 19 Nov 2018
    Listed for Rent - Price not available

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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 138 properties listed for sale, and 62 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 908 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.