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Sold on 31 Dec 2023 - Price Unavailable

5 Karingal Drive
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
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Property Details for 5 Karingal Dr, Frankston

5 Karingal Dr, Frankston is a 3 bedroom, 1 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Frankston in the last 12 months.

Building Type
House

Last Listing description (December 2023)

Tucked behind a high white-picket fence, with an adjoining single carport, this tranquil 3-bedroom property has been beautifully updated with attention to detail, quality materials and a soothing palette ready for you to move straight into and relax. This property enjoys a great location just moments to the Peninsula Kingswood Country Golf Club, neighbourhood shops, local primary and secondary schools and freeway access.

Whether you're a young couple looking for a low maintenance home perfect for entertaining or a young family seeking convenience or a savvy investor after capital growth and strong rental return of $520-$540/week, this is the home for you.

Step inside to discover a spacious open-plan lounge/dining with the heart of the home comprising of a stylish kitchen, perfect for those who love to entertain. Boasting an elegant neutral splashback, Caesarstone-benchtops with seating around the breakfast bar, brand new appliances and abundant storage, catering perfectly to the demands of family life.

Also containing a freshly renovated family bathroom with bath and shower, plus separate toilet. 3 bedrooms all have BIRs as well as a ceiling fan to the front bedroom which overlooks the beautifully landscaped front garden.

There's an easy-care back yard accessible from the 3rd bedroom and laundry, providing a concrete patio plus side path to a shed and a gate to the front garden, giving the kids a safe space to play and enjoy.

Features:
• Freshly renovated
• 3BRs with built in robes
• Double block out blinds
• New kitchen, bathroom and laundry
• Split system reverse cycle air-con

Property History for 5 Karingal Dr, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
31 Dec 2023
  • 14 Dec 2023
    Sold for $650,000
  • 22 Nov 2023
    Listed for Sale Not Disclosed
  • 06 Jun 2022
    Sold for $570,000
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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 21,615 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 140 properties listed for sale, and 57 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 908 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

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Tia Milne
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Luke Magree
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OBrien Real Estate Frankston
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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.