SOLD
RECENT ADVICE
Sold on 14 Oct 2024 for $395,000

8/18 Reservoir Road
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 8/18 Reservoir Rd, Frankston

8/18 Reservoir Rd, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Frankston in the last 12 months.

Building Type
Unit
Local Government
Frankston
Lot/Plan
8/PS417612

Last Listing description (October 2024)

Discover the tranquil charm of 8/18 Reservoir Road, Frankston-a haven for over 55's seeking serenity without compromising on convenience.

Nestled in a peaceful, leafy street between Peninsula Homemaker Centre and Jubilee Park, this beautifully presented unit offers the perfect blend of comfort and accessibility. Step inside to find a modern, open-plan kitchen and dining area, complete with gas cooking, stylish patterned splash back, and ample storage-a chef's delight!

Relax in the separate yet open living space, flowing seamlessly onto a tranquil decked courtyard surrounded by immaculate gardens-a serene spot for morning coffees or evening relaxation. The generously sized main bedroom features built-in robes and direct access to the courtyard, ensuring a peaceful retreat. A versatile second bedroom doubles as a cozy sitting room, ideal for guests or grandchildren.

Additional highlights include block-out blinds, laminate flooring, split-system heating and cooling, and a spacious central bathroom with integrated laundry facilities. Plus, enjoy the convenience of your own designated car space.

Located just minutes from Frankston's private and public hospitals, public transport options, and a variety of shopping destinations, this residence offers the ultimate in low-maintenance, comfortable living or a smart investment opportunity.

Don't miss your chance to secure a slice of tranquil living in this sought-after Frankston locale. Arrange your inspection today and experience the appeal of 8/18 Reservoir Road firsthand!

Property History for 8/18 Reservoir Rd, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$395,000
14 Oct 2024
Listed for Rent
$320/w
06 Dec 2021
  • 14 Oct 2024
    Sold for $395,000
  • 18 Jul 2024
    Listed for Sale $370,000 - $407,000
  • 23 Nov 2021
    Listed for Rent $320 / 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 21,617 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 135 properties listed for sale, and 63 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 914 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.