5 Farrell St, Frankston is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 775m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Positioned neatly on a generous 773sqm (approx.) block, this single-level brick veneer home offers an attractive option for any growing family, including future development appeal with a potential subdivision (STCA).
The existing 3-bedroom home is well-planned, with intelligent renovations allowing two bathrooms, including an ensuite to the master bedroom plus two further bedrooms boasting built-in robes. The central living area is generous in its proportions allowing natural light to flood through large windows, while the adjacent well-equipped kitchen/meals area comes complete with stone benchtops. Features include split system air-conditioning and ducted heating, beautiful polished floorboards throughout and a double garage with plenty of off-street parking.
The generous outdoors allows ample space to develop/subdivide, or to extend out to create a dream space for families and long-term investment (STCA). Ideally located in one of central Frankston's most desired pockets, within walking distance to 833 and 770 bus routes, Long Island Beach, Kananook Primary School and Frankston CBD, and with easy access to freeways and trains.
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:
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