SOLD
Sold on 15 Jul 2024 for $312,500

4/16 Petrie Street
Frankston VIC 3199

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 90m2
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Property Details for 4/16 Petrie St, Frankston

4/16 Petrie St, Frankston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 90m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Frankston in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
55m2
Land Size
90m2
Local Government
Frankston
Lot/Plan
8/RP9347

Last Listing description (May 2019)

Lifestyle convenience 500m to Frankston CBD
Offering the ultimate in lifestyle convenience from a central location just a few streets back from Frankston city centre, this beautifully contemporised one-bedroom apartment delivers a life of ease for starters, downsizers or investors.
Enjoying a north-facing aspect to soak up the all-day sun, the residence opens to a lovely open-concept living and dining area with timber floors and a fresh coastal vibe.

An updated kitchen pairs sleek stainless-steel appliances against the woodgrain of the timber flooring to stylish effect and provides an inspiring space to cook dinner for friends, while the close proximity of Frankston's restaurant and entertainment precinct offers endless dining options on weekends.
Directly opposite a tidy white bathroom with shower/tub combo, a well-sized bedroom boasts soft slate carpeting, plenty of natural light and rollerblinds for Sunday morning sleep-ins.
Just under an hour to Melbourne and moments to golf courses and beaches, this pretty package includes a gas wall furnace, laundry room, dishwasher, allocated parking space and private courtyard.
Should you require any further information please do not hesitate to contact Ellis Schofield on 0431 063 163 or Mikaela Fowler on 0432 223 166 anytime.
Please note photo ID is required at all inspections.

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Property History for 4/16 Petrie St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$312,500
15 Jul 2024
  • 15 Jul 2024
    Sold for $312,500
  • 03 Apr 2019
    Sold for $293,000
  • 21 Mar 2019
    Listed for Sale Not Disclosed
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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.

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