OFF MARKET

72 Karingal Drive
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 108m2
Land area: 605m2
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Property Details for 72 Karingal Dr, Frankston

72 Karingal Dr, Frankston is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 605m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Year Built
1970
Floor Size
108m2
Land Size
605m2
Local Government
Frankston
Lot/Plan
756/LP63048

Last Listing description (September 2021)

***As per government guidelines regarding COVID-19, please contact the sales agent to register prior to the advertised open home***

Positioned on a 606 sqm allotment, this 3 bedroom brick home presents an incredible opportunity for those looking to create something special whilst investing well for the future.

The potential here is easy to see, a large lounge and dining area wraps around to a functional kitchen, which overlooks a sizeable rear yard. 3 bedrooms are central to a family bathroom and separate toilet.

The expansive yard offers a large garage, established fruit trees (including blood plums and nectarines), and at over 600sqm offers potential for a future subdivision.

These solid homes were built with Tasmania Oak timber floors throughout and with a smart renovation this property could be transformed into a contemporary masterpiece.

A position like this is hard to beat! Located just minutes away from the hospital, several schools, Ballam Park and Karingal Hub shopping complex which is currently undergoing a 160 million dollar facelift. Offering immediate access to peninsula link, and just a short drive to Frankston's award-wining beach, this one is one you need to inspect.

Did you know you can DOWNLOAD THE SECTION 32 and MAKE AN OFFER via the ASH MARTON WEBSITE - ashmarton.com.au

Property History for 72 Karingal Dr, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$690,000
16 Aug 2021
  • 16 Aug 2021
    Sold for $690,000
  • 02 Aug 2021
    Listed for Sale $575,000 - $625,000
  • 09 Jun 2005
    Transferred

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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 21,618 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 60 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 907 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

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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.