SOLD
Sold on 19 Mar 2024 for $430,000

5/9 Reid Street
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 1351m2
Sold By
Impact Realty Group Frankston
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Property Details for 5/9 Reid St, Frankston

5/9 Reid St, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 1351m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Frankston in the last 12 months.

Building Type
Unit
Year Built
1972
Floor Size
70m2
Land Size
1351m2
Local Government
Frankston
Lot/Plan
5/PS541588

Last Listing description (May 2024)

Discover a wonderful opportunity with this first floor, meticulously maintained and freshly painted home, situated in a peaceful complex in the most convenient of locations just South of Frankston CBD. Nestled within a short stroll to the sparkling Frankston foreshore and in the coveted Frankston High School Zone, this property promises a lifestyle of ease and convenience or the perfect investment opportunity.

Step into the bright and functional open plan living and dining space which overlooks the modern kitchen, complemented with modern appliances and plenty of storage. A private balcony to the front of the home allows for easy indoor/outdoor entertaining opportunities and relaxing. A split system air conditioner ensures the home is kept comfortable year-round.
Two robed bedrooms are serviced by the full-sized, central bathroom with shower over bath and chic vanity while a euro-laundry offers space saving convenience.

Location is key, being quietly tucked towards the rear of the complex with allocated off street parking, and a stone's throw away from the popular Foot Street shopping precinct, Frankston Hospital, freeway access, transport, Monash University and the George Pentland Botanical Gardens, this ideal opportunity won't last long!

Property History for 5/9 Reid St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$430,000
19 Mar 2024
Listed for Rent
$310/w
29 Jan 2019
  • 19 Mar 2024
    Sold for $430,000
  • 01 Mar 2024
    Listed for Sale $400,000 - $440,000
  • 03 Dec 2018
    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 135 properties listed for sale, and 62 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 914 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.