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Sold on 19 Jan 2024 for $580,000

56 Karingal Drive
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 587m2
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Property Details for 56 Karingal Dr, Frankston

56 Karingal Dr, Frankston is a 3 bedroom, 1 bathroom House. The property has a land size of 587m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom House sold in Frankston in the last 12 months.

Building Type
House
Land Size
587m2
Local Government
Frankston
Lot/Plan
439/LP57786

Last Listing description (January 2024)

Overflowing with outstanding opportunity for starters, families or renovators to secure a solid home on a large allotment in a popular residential precinct, this well-preserved circa 1970s home awaits the next chapter.

Superbly situated in paces of Karingal Hub, restaurants, cinemas, sporting fields, walking trails, Ballam Park Kinder, Primary School and McClelland College, this family-friendly locale will suit every stage and age for both homeowners and renters alike.

Off the formal entryway, French doors open to a lovely L-shaped living and dining room with gas heating and tall windows drawing in the natural light and framing the leafy surrounds, while a well-sized kitchen is fitted with timeless timber cabinetry.

Positioned on a 587m2 block, this 3-bedroom brick home presents an incredible opportunity for those looking to enter the market or create something special for themselves moving forward. The expansive backyard provides ample space for kids or pets to run around and enjoy while also being secure to keep them from the front yard.

If you would like to take a walk through your next potential home, please feel free to give us call.

Property History for 56 Karingal Dr, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$580,000
19 Jan 2024
Listed for Rent
$330/w
11 Aug 2015
  • 17 Jan 2024
    Sold for $580,000
  • 11 Sep 2023
    Listed for Sale $550,000 - $600,000
  • 31 Jul 2015
    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 21,643 properties. Over the last 5 years, Houses in Frankston have seen a 28.22% increase in median value, while Units have seen a 25.38% increase. As at 30 September 2024:

  • The median value for Houses in Frankston is $723,155 while the median value for Units is $511,678.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 143 properties listed for sale, and 68 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 920 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

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John Walsh
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Charlotte Waterhouse
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Aquire 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.