OFF MARKET

5/16 Mereweather Avenue
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 96m2
Land area: 610m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 30 Sep 2024
Low

High
Save

Property Details for 5/16 Mereweather Ave, Frankston

5/16 Mereweather Ave, Frankston is a 2 bedroom, 1 bathroom Unit. The property has a land size of 610m2 and floor size of 96m2.

Building Type
Unit
Floor Size
96m2
Land Size
610m2
Local Government
Frankston
Lot/Plan
5/PS805513

Last Listing description (May 2022)

Situated in a quiet block within walking distance to all Frankston has to offer; including the beach, transport and the CDB.
Featuring a modern entertainer's kitchen complete with quality stainless steel appliances, lounge with balcony access, dining area, powder room, 2 bedrooms with robes and a central bathroom, study or storeroom.
Other inclusions:

* Single lock up remote garage with internal access into the apartment for that ultimate security
* European laundry
* Get in quick as this beautiful property will not last long!
Property Features:
* Kitchen with stainless steel appliances
* Lounge with balcony access
* 2 bedrooms
* Study or Storeroom
* Split system heating and cooling
* Single lock up remote garage with internal access
* European Laundry

+To join our Tenants waiting list please use the below link and complete the form outlining your requirements+ https://app.inspect***/RegisterOnline/RegisterProspect.aspx?AgencyName=NicholasLynch&type=0

+PHOTO ID REQUIRED AT ALL INSPECTIONS+

**Due to a high volume of interest in all our properties, all enquiries must be submitted online to be notified of upcoming inspections. Applications can be submitted in advance but an inspection must be attended before it is considered**

Property History for 5/16 Mereweather Ave, Frankston, VIC 3199

A timeline of how this property has performed in the market
Listed for Rent
$370/w
16 May 2022
  • 26 Apr 2022
    Listed for Rent $370 / week
  • 21 Feb 2020
    Listed for Rent $350 / week
  • 15 Oct 2018
    Listed for Rent - Price not available

Commute Calculator

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 21,643 properties. Over the last 5 years, Houses in Frankston have seen a 29.61% increase in median value, while Units have seen a 29.26% increase. As at 31 August 2024:

  • The median value for Houses in Frankston is $723,953 while the median value for Units is $518,419.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 140 properties listed for sale, and 80 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 921 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

Market Insights
Frankston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Frankston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.