SOLD
RECENT ADVICE
Sold on 04 Jul 2024 for $700,000

30 Sheridan Avenue
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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Property Details for 30 Sheridan Ave, Frankston

30 Sheridan Ave, Frankston is a 3 bedroom, 1 bathroom House with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Frankston in the last 12 months.

Building Type
House
Local Government
Frankston
Lot/Plan
15/LP7862

Last Listing description (July 2024)

For sale for the first time in over 50 years welcome to 30 Sheridan Avenue, Frankston. Embark on an exciting development opportunity, for investors or developers in this envied Residential Growth Zone (RGZ1). Offering a generous 690sqm allotment situated within a high-density growth area in the heart of Frankston.

This outstanding opportunity is ideal for those seeking a superb redevelopment potential or dual occupancy opportunity (STCA) Utilise the block and zoning to create something truly special with opportunity for high rental return or retain the existing charming 3 bedroom weatherboard home and restore it back to its former glory and build a new residence at this rear.

Located only 600m from the renowned Frankston Beach and short distance to the vibrant Frankston CBD, Frankston Train Station, Frankston Hospital, TAFE and Frankston High School.

Property History for 30 Sheridan Ave, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$700,000
04 Jul 2024
  • 12 Jul 2024
    Sold for $700,000
  • 04 Jun 2024
    Listed for Sale $700,000 - $770,000

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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 62 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 918 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

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Daniel Gallagher
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OBrien Real Estate Cranbourne
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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.