SOLD
Sold on 01 May 2024 for $770,000

62 Skye Road
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 109m2
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Property Details for 62 Skye Rd, Frankston

62 Skye Rd, Frankston is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1960. The property has a floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Frankston in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
109m2
Local Government
Frankston
Lot/Plan
34/LP23976

Last Listing description (July 2024)

Rarer than hen's teeth with its immense 838 sq. metre (approx.) corner allotment, centrally convenient location, and plans for two additional residences to the rear, this inspiring development canvas tantalises the imagination with its unbridled possibilities and promising future (STCA).

The current home ideally sits close to the property's northern border, delivering a vibrant and well-kept 3-bedroom, 1.5-bathroom design, with options to renovate or reimagine to maximise its lifestyle appeal. Plans are in place for two additional residences to be built at the rear, relishing easy access from the adjacent Woodlea Court (able to be viewed upon request).

With Frankston and its surrounding areas tipped to be this year's greatest performing suburb, this is one opportunity to take full advantage of and strike while the iron's still hot. Located between John Paul College, The National Golf Club and Frankston Freeway, it's perfectly positioned for capital growth, moments from other revered schools, the Frankston/Seaford foreshore, buses and Frankston's CBD.

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Property History for 62 Skye Rd, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$770,000
01 May 2024
Listed for Rent
$360/w
17 Aug 2022
  • 01 Jul 2024
    Listed for Rent $500 / week
  • 01 May 2024
    Sold for $770,000
  • 24 Apr 2024
    Listed for Sale $740,000 - $780,000
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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 21,642 properties. Over the last 5 years, Houses in Frankston have seen a 29.61% increase in median value, while Units have seen a 29.26% increase. As at 31 August 2024:

  • The median value for Houses in Frankston is $723,953 while the median value for Units is $518,419.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 144 properties listed for sale, and 75 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 918 properties were sold in the past 12 months in Frankston.

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