OFF MARKET

Mcmahons Road
Frankston VIC 3199

Bedrooms: 3
Bathrooms: -
Car spaces: -
Land area: 1333m2
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Property Details for Lot 1 Mcmahons Rd, Frankston

Building Type
Commercial
Land Size
1333m2
Local Government
Frankston
Lot/Plan
1/PS833947

Property History for Lot 1 Mcmahons Rd, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$550,000
25 Jul 2023
  • 25 Jul 2023
    Sold for $550,000
  • 28 May 2020
    Sold for $550,000

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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 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 143 properties listed for sale, and 68 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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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.