SOLD
Sold on 16 Apr 2024 for $495,000

5/1A Lee Street
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 104m2
Land area: 240m2
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Bayside Beaches Real Estate Beaumaris
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Property Details for 5/1a Lee St, Frankston

5/1a Lee St, Frankston is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 240m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Unit sold in Frankston in the last 12 months.

Building Type
Unit
Year Built
1989
Floor Size
104m2
Land Size
240m2
Local Government
Frankston
Lot/Plan
5/SP31712

Last Listing description (April 2024)

Occupying a prize position fronting Lee Reserve, this immaculate two-bedroom single level villa will delight with its standalone style and supreme space.

Surrounded by amenity and situated moments from the bay, this light filled residence will tick all of your boxes.

Framed by leafy views, expansive windows flood the generous open plan living and dining space with natural light, overlooked by a bright kitchen with plenty of bench space, a stainless steel freestanding oven, ample storage and large pantry.

There's split system heating and cooling for year-round comfort, a full-sized laundry, single lock up garage with an extra parking space in front and visitor parking, while outdoors is enviable with a private low-maintenance alfresco garden courtyard to enjoy.

Whether to live in or invest, this well-located residence is close to local shops and the Frankston RSL, walking distance to popular Ballam Park, and moments to Karingal Hub, Monash University, Frankston's CBD, spectacular beaches and freeway access.

Currently Leased until 23/6/2024 at $340 per week.

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Property History for 5/1a Lee St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$495,000
16 Apr 2024
Listed for Rent
$340/w
21 May 2019
  • 16 Apr 2024
    Sold for $495,000
  • 13 Jul 2023
    Listed for Sale $485,000 - $495,000
  • 13 May 2019
    Listed for Rent - Price not available
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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 63 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 912 properties were sold in the past 12 months in Frankston.

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