SOLD
Sold on 30 Aug 2024 for $530,000

5/16 Mereweather Avenue
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 96m2
Land area: 610m2
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Property Details for 5/16 Mereweather Ave, Frankston

5/16 Mereweather Ave, Frankston is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. The property has a land size of 610m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Townhouse sold in Frankston in the last 12 months.

Building Type
Townhouse
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**

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

A timeline of how this property has performed in the market
Last Sold
$530,000
30 Aug 2024
Listed for Rent
$370/w
16 May 2022
  • 30 Aug 2024
    Sold for $530,000
  • 26 Apr 2022
    Listed for Rent $370 / week
  • 21 Feb 2020
    Listed for Rent $350 / week
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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 21,627 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 136 properties listed for sale, and 65 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 911 properties were sold in the past 12 months in Frankston.

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