SOLD
Sold on 09 Apr 2024 for $473,500

9/5 Reservoir Road
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 179m2
Sold By
Warlimont & Nutt Pty Ltd
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Property Details for 9/5 Reservoir Rd, Frankston

9/5 Reservoir Rd, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 179m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Frankston in the last 12 months.

Building Type
Unit
Year Built
1976
Floor Size
88m2
Land Size
179m2
Local Government
Frankston
Lot/Plan
9/RP10325

Last Listing description (April 2024)

Situated in the vibrant heart of Frankston, this humble yet spacious two-bedroom unit offers convenience in a prime location. Located within a peaceful complex and within walking distance to Jubilee Oval, shops, and public transport hubs, it promises an unparalleled lifestyle.

Boasting a timeless and functional design, this light-filled home welcomes you with a flowing living, dining, and kitchen area adorned with polished timber floors and high ceilings. Step outside to discover the tranquil private courtyard surrounded by low-maintenance gardens. Two generously sized bedrooms with built-in robes are serviced by a central bathroom.

Ideal for first-home buyers, retirees and savvy investors alike, this charming unit boasts ample storage, a convenient laundry area, a secure single-car garage and abundant visitor parking.

Property History for 9/5 Reservoir Rd, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$473,500
09 Apr 2024
Listed for Rent
$145/w
12 Jul 2005
  • 09 Apr 2024
    Sold for $473,500
  • 28 Mar 2024
    Listed for Sale $460,000 - $490,000
  • 06 Mar 2020
    Sold for $40,000
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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 21,643 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 142 properties listed for sale, and 77 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 921 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.