SOLD
RECENT ADVICE
Sold on 28 Aug 2024 for $660,000

73 Dandenong Road E
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 851m2
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Property Details for 73 Dandenong Rd E, Frankston

73 Dandenong Rd E, Frankston is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 851m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Frankston in the last 12 months.

Building Type
House
Land Size
851m2
Local Government
Frankston
Lot/Plan
12/LP7094

Last Listing description (August 2024)

Discover the perfect blend of charm and potential with this prime property located at 73 Dandenong Road East, Frankston. Set on an expansive 851 square meter allotment, this property presents an exceptional opportunity for savvy investors and developers alike.

The existing weatherboard home, embraced by a charming picket fence, exudes character and warmth. Inside, you'll find three well-proportioned bedrooms, a central bathroom, and a cosy living area. The property also boasts ample parking space and a practical shed in the backyard, catering to various storage needs.

What truly sets this property apart is its potential for subdivision and development, with the possibility of creating up to three new dwellings (Subject to Council Approval). This makes it an ideal prospect for those looking to capitalise on the burgeoning Frankston market and maximise their return on investment.

Located in the Monterey Secondary zone and walking distance to the Frankston train station, TAFE, PARC, its prime location offers easy access to local amenities, schools, public transport, and the beautiful Frankston beach, enhancing its appeal to future buyers or renters.

Seize this rare opportunity to invest in a property with immense potential. Whether you're looking to develop or hold for future gains, 73 Dandenong Road East is a versatile asset that promises significant rewards. Contact us today to arrange a viewing and explore the endless possibilities this property has to offer!

Property History for 73 Dandenong Rd E, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$660,000
28 Aug 2024
Listed for Rent
$250/w
12 Oct 2012
  • 28 Aug 2024
    Sold for $660,000
  • 15 May 2024
    Listed for Sale $640,000 - $704,000
  • 28 Aug 2012
    Listed for Rent $250 / 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 21,561 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 151 properties listed for sale, and 62 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 887 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

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Luke Magree
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Oliver Muehlke
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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.