SOLD
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Sold on 27 Jul 2024 for $515,000

12 Hickory Crescent
Frankston North VIC 3200

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 740m2
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Property Details for 12 Hickory Cres, Frankston North

12 Hickory Cres, Frankston North is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 740m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Frankston North in the last 12 months.

Building Type
House
Land Size
740m2
Local Government
Frankston
Lot/Plan
541/LP57843

Last Listing description (July 2024)

Perfect for tradies, developers or investors, this 4-bedroom house on a substantial 740sqm (approx.) level block represents a fantastic opportunity for development within the thriving Frankston North community. Bring the tools and your plans to the site ready to renovate or demolish and rebuild, while the potential to subdivide may be an ideal option to maximise your investment, all subject to council approval.

The current property has living/dining room, original kitchen, bathroom with shower-over-bath, and laundry with access to the expansive back garden with 2 sheds, plus off-street parking and a freestanding double garage.

Set in a convenient and family-friendly location with golf course and reserve just down the road, it's a short stroll to local shops and café, the Community Centre, schools, Pines Forest Aquatic Centre, and parks. It's also just minutes' drive to Frankston freeway and Peninsula Link access, plus Frankston CBD, Karingal/Carrum Downs shopping centres, and beautiful beaches.

Whether you are hoping to build a contemporary new home on a good-sized block of land or you're a developer looking for a dual occupancy site (all subject to council approval), this prime site is a fantastic choice for the savvy investor. Don't miss an inspection!

https://www.obrienrealestate.com.au/office/obrien-real-estate-frankston/22161

5-10% deposit required, settlement 30-45 days.

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Property History for 12 Hickory Cres, Frankston North, VIC 3200

A timeline of how this property has performed in the market
Last Sold
$515,000
27 Jul 2024
  • 27 Jul 2024
    Sold for $515,000
  • 26 Jun 2024
    Listed for Sale $500,000 - $550,000
  • 01 Jan 1989
    Sold for $95,000
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About Frankston North 3200

The size of Frankston North is approximately 5.1 square kilometres. It has 17 parks covering nearly 37% of total area. The population of Frankston North in 2011 was 5,626 people. By 2016 the population was 5,779 showing a population growth of 2.7% in the area during that time. The predominant age group in Frankston North is 20-29 years. Households in Frankston North are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Frankston North work in a labourer occupation. In 2011, 52.8% of the homes in Frankston North were owner-occupied compared with 51.1% in 2016.

Frankston North has 2,756 properties. Over the last 5 years, Houses in Frankston North have seen a 32.49% increase in median value, while Units have seen a 19.21% increase. As at 30 September 2024:

  • The median value for Houses in Frankston North is $587,435 while the median value for Units is $532,440.
  • Houses have a median rent of $460 while Units have a median rent of $420.
There are currently 21 properties listed for sale, and 6 properties listed for rent in Frankston north on OnTheHouse. According to CoreLogic's data, 137 properties were sold in the past 12 months in Frankston north.

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