OFF MARKET

33 Nursery Avenue
Frankston VIC 3199

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 270m2
Land area: 887m2
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Last updated 11 Nov 2024
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Property Details for 33 Nursery Ave, Frankston

33 Nursery Ave, Frankston is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 887m2 and floor size of 270m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Year Built
1950
Floor Size
270m2
Land Size
887m2
Local Government
Frankston
Lot/Plan
33/LP22251

Last Listing description (August 2023)

An extraordinary development opportunity in a great location, this premium 890sqm (approx.) site captures picturesque treetop views and potential bay glimpses in a quiet, elevated pocket opposite Jubilee Park. Ideal for a three-townhouse development, the home of your dreams (STCA) or a lucrative land banking investment, there is also an option to renovate the existing 5-bedroom, 2-bathroom residence and rent out while you draw up plans and obtain necessary permits. The property includes a kitchen with stainless-steel appliances, a large undercover balcony for outdoor entertaining plus multiple living zones including a rumpus room with a built-in bar. A separate studio/home office, workshop, inground swimming pool and spa are among other inclusions. A short stroll to local shops, schools and transport, the property is just minutes to Frankston's CBD, Karingal Hub and pristine beaches with easy access to Eastlink and Peninsula Link. Be quick to inspect and reap the rewards.

* Development opportunity in great location (STCA)
* Scenic treetop views & potential bay glimpses

* Scope to renovate existing residence
* Swimming pool, spa & separate studio/office
* Kitchen with stainless-steel appliances
* Multiple living zones & entertaining balcony
* 5 bedrooms & 2 bathrooms
* Quiet pocket opposite Jubilee Park
* Short stroll to local shops & transport
* Walk to Frankston East Primary & St John's
* Just minutes to Frankston's CBD & Karingal Hub
* Easy access to the beach & freeway links

Photo I.D. required at all Inspections.

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Property History for 33 Nursery Ave, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$960,000
06 Nov 2022
  • 06 Nov 2022
    Sold for $960,000
  • 01 Oct 2022
    Listed for Sale $975,000 - $1,025,000
  • 23 Jul 2021
    Sold for $826,000
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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 21,621 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 135 properties listed for sale, and 67 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 908 properties were sold in the past 12 months in Frankston.

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