SOLD
Sold on 18 Aug 2024 for $290,500

5/27 Finlay Street
Frankston VIC 3199

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 49m2
Land area: 537m2
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Property Details for 5/27 Finlay St, Frankston

5/27 Finlay St, Frankston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 537m2 and floor size of 49m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in Frankston in the last 12 months.

Building Type
Unit
Year Built
1965
Floor Size
49m2
Land Size
537m2
Local Government
Frankston
Lot/Plan
11/RP12453

Last Listing description (August 2024)

Step into this spacious and charming 1-bedroom villa unit, perfectly positioned in a quiet complex yet close to all essential amenities. With solid brick construction and modern comforts, this villa offers both peace of mind and convenience.

Features Include:
*Modern reverse cycle split system for year-round comfort

*Sun-drenched, north-facing living area
*Private undercover rear decking, ideal for relaxing or entertaining
*Polished floorboards throughout for a touch of elegance
*Solid brick construction for long-lasting quality

Prime Location:
*Just 351 metres to the popular Beach Street Shops
*Only 400 metres to Frankston TAFE
*A mere 430 metres to Frankston Train Station for easy commuting
*440 metres to Frankston CBD for all your shopping and dining needs
*670 metres to PARC (Peninsula Aquatic Recreation Centre)
*A short 960-metre stroll to the beautiful beach

Investor Highlights:
Currently rented for $1,173 per month by a long-term, reliable tenant
Market value rental estimate is approximately $1,430 per month

This villa not only makes a fantastic home but also represents a great investment opportunity with an established tenant in place.
Contact us today to arrange a viewing and seize this exceptional opportunity!

Note: All measurements are approximate

Property History for 5/27 Finlay St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$290,500
18 Aug 2024
Listed for Rent
$230/w
12 Nov 2018
  • 18 Aug 2024
    Sold for $290,500
  • 26 Jul 2024
    Listed for Sale $295,000
  • 27 Sep 2018
    Listed for Rent $230 / 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 21,617 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.

Suburb Insights for Frankston 3199

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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.