17 Ribbon CourtFrankston North VIC 3200
Property Details for 17 Ribbon Ct, Frankston North
17 Ribbon Ct, Frankston North is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1965. The property has a land size of 985m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Last Listing description (August 2022)
Tucked away from the main road at the end of a quiet court, this huge 984sqm block presents an amazing and rare opportunity in the heart of a vibrant community.
A neat 3-bedroom home currently sits on the block, with kitchen/dining room, living room, bathroom and laundry, featuring timber floorboards and a covered alfresco, while the driveway leads through a gated entrance to a double garage/workshop and 2 additional sheds within the huge garden.
However, with plans and permits for 4 units, you just have to look at the location to realise why these new homes would be in demand, as the block is in a peaceful setting yet only a moments' stroll to the local primary school, milk bar and park. In addition, there are many more amenities within walking distance including secondary school, shops, cafs, medical centre, the Pines Aquatic Centre and Flora & Fauna Reserve, plus sports grounds. The block is also conveniently positioned to access both Peninsula Link and Frankston freeway easily, as well as being a short drive to Frankston's CBD, train stations, and award-winning beach.
It's not very often that you get the chance to purchase a development block of such a substantial size in this area, so contact us as soon as possible to find out more about this opportunity before you miss out.
Property History for 17 Ribbon Ct, Frankston North, VIC 3200
- 23 Jul 2022Sold for $752,000
- 18 May 2022Listed for Sale $760,000
- 15 Aug 2013Listed for Rent $255 / week
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0About 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 2,768 properties. Over the last 5 years, Houses in Frankston North have seen a 32.28% increase in median value, while Units have seen a 16.77% increase. As at 31 October 2024:
- The median value for Houses in Frankston North is $588,181 while the median value for Units is $527,940.
- Houses have a median rent of $460 while Units have a median rent of $420.
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