SOLD
Sold on 01 Nov 2023 for $675,000

86 Mcmahons Road
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 82m2
Land area: 635m2
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Property Details for 86 Mcmahons Rd, Frankston

86 Mcmahons Rd, Frankston is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 635m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom House sold in Frankston in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
82m2
Land Size
635m2
Local Government
Frankston
Lot/Plan
PC366614

Last Listing description (November 2023)

Instantly appealing with its timeless weatherboard faade, this two bedroom + studio cottage oozes charm and potential.

Occupying a substantial 635m2 approx. block, whether you choose to call home or invest, this captivating beauty is stylish, comfortable and offers options aplenty - extend, start afresh with your dream home, explore the future development potential or lease while you decide (STCA.)

Warm and welcoming, high ceilings with decorative cornice and picture rails feature, as does spacious open plan living and dining, a modern light infused kitchen, two generous bedrooms, immaculate bathroom and comfort of a second w/c. There's also parking for multiple vehicles, a split system and easy care timber style floors.

The covered back veranda deck offers a sunny spot to relax, overlooking a large secure rear yard and versatile outdoor studio retreat that offers a coveted extra bedroom and living zone for guests or teens, wheelchair accessible and is the perfect work from home space, or ideal proposition to convert for a home based business.

As for location, this well-positioned charmer is a short stroll to John Paul College, local shops, eateries and playgrounds, walking distance to Bayside Centre, the train station and stunning beaches, plus moments to Monash University and freeway access.

Property History for 86 Mcmahons Rd, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$675,000
01 Nov 2023
Listed for Rent
$450/w
11 Jan 2023
  • 01 Nov 2023
    Sold for $675,000
  • 24 Oct 2023
    Listed for Sale $620,000 - $670,000
  • 13 Dec 2022
    Listed for Rent $450 / 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 21,629 properties. Over the last 5 years, Houses in Frankston have seen a 34.06% increase in median value, while Units have seen a 31.39% increase. As at 31 July 2024:

  • The median value for Houses in Frankston is $735,415 while the median value for Units is $513,508.
  • Houses have a median rent of $540 while Units have a median rent of $450.
There are currently 137 properties listed for sale, and 58 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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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.