OFF MARKET

50 Kashmir Crescent
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 104m2
Land area: 554m2
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Last updated 11 Nov 2024
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Property Details for 50 Kashmir Cres, Frankston

50 Kashmir Cres, Frankston is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 554m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
House
Year Built
1980
Floor Size
104m2
Land Size
554m2
Local Government
Frankston
Lot/Plan
533/LP61585

Last Listing description (May 2022)

Igniting your imagination for a modern renovation or new-dwelling development (STCA), this 553sqm (approx.) corner allotment embraces the benefits of a solid three-bedroom home for present-day investment appeal with the potential for something truly special.

The largely original home showcases an L-shaped lounge and dining room, kitchen with a gas cooker, three robed bedrooms with ceiling fans, family bathroom with a separate toilet and laundry, gas heating and a double carport.

A solid layout lends to striking renovation potential, while dual crossovers loan to future development potential (STCA), in an alluring locale minutes from Ballam Park Primary, McClelland College, Ballam Park, Karingal Hub, public transport and Frankston CBD.

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Property History for 50 Kashmir Cres, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$630,000
28 Feb 2022
Listed for Rent
$285/w
07 Sep 2013
  • 28 Feb 2022
    Sold for $630,000
  • 25 Feb 2022
    Listed for Sale $590,000 - $649,000
  • 19 Jul 2013
    Listed for Rent $285 / 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 21,616 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 134 properties listed for sale, and 55 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 899 properties were sold in the past 12 months in Frankston.

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