48/325 Nepean HighwayFrankston VIC 3199
Property Details for 48/325 Nepean Hwy, Frankston
48/325 Nepean Hwy, Frankston is a 1 bedroom, 1 bathroom Unit and was built in 1990. The property has a land size of 48m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Unit sold in Frankston in the last 12 months.
Last Listing description (May 2022)
Situated at the rear of the complex, this studio has its own courtyard, giving it total security in a quiet location. With a separate bathroom and modern style kitchenette, this is one apartment not to be missed!
Enjoy a stroll along the beach, or take a short walk to the shops or train station.
The city is a short 45 minute drive away, or head south to the Mornington Peninsula and enjoy all it has to offer.
Great rental return available
Rental income $715.00 Monthly/$8,580 P.A
Property History for 48/325 Nepean Hwy, Frankston, VIC 3199
- 12 Apr 2024Sold for $117,500
- 09 May 2022Sold for $94,000
- 19 Apr 2022Listed for Sale $105,000
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0About 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.
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