SOLD
RECENT ADVICE
Sold on 19 Jul 2024 for $195,000

306/16 Clyde Street Mall
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 306/16 Clyde Street Mall, Frankston

306/16 Clyde Street Mall, Frankston is a 2 bedroom, 2 bathroom Unit 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 2 bedroom Unit sold in Frankston in the last 12 months.

Building Type
Unit

Last Listing description (August 2024)

Body Corp: Approx $7000 p.a
Estimated Rental Return: $380 p/w
Auction Terms:

- 30-60 Day Settlement
- 10% Deposit
- Vacant Possession at Settlement

Discover urban living at its finest with this stylish 2-bedroom apartment in the heart of Frankston. Enjoy stunning views and modern amenities in a prime location perfect for first-time homebuyers, downsizes, or savvy investors. Nestled within the sought-after Frankston High School zone, this property offers an immediate return on investment as it is currently tenanted.

The apartment features a spacious open-plan living and dining area complemented by a sleek kitchen, complete with ample storage, stainless steel appliances (including a dishwasher), and elegant stone benchtops. The convenience of a Euro laundry adds to the home's practicality. Step outside onto your private balcony to take in sweeping views.

Both well-proportioned bedrooms include built-in robes, while the main bathroom showcases fully-tiled finishes, a large shower, toilet, and stone-topped vanity. One bedroom also boasts an ensuite with a shower, toilet, and single vanity.

Additional features include split system reverse cycle air-conditioning, a secure video intercom system, an allocated car park, and a storage cage. Located just steps away from Bayside Shopping Centre, train and bus transport, and central Frankston's array of restaurants, bars, and leisure facilities, plus a short walk to the stunning beach, this apartment is a must-see for those seeking the perfect urban retreat.

Property History for 306/16 Clyde Street Mall, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$195,000
19 Jul 2024
    No history found for this property.

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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 21,520 properties. Over the last 5 years, Houses in Frankston have seen a 28.22% increase in median value, while Units have seen a 25.38% increase. As at 30 September 2024:

  • The median value for Houses in Frankston is $723,155 while the median value for Units is $511,678.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 139 properties listed for sale, and 62 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 928 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

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Luke Magree
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Oliver Muehlke
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OBrien Real Estate 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.