SOLD
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Sold on 24 Oct 2024 for $530,000

27 Aleppo Crescent
Frankston North VIC 3200

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 607m2
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Property Details for 27 Aleppo Cres, Frankston North

27 Aleppo Cres, Frankston North is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 607m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Frankston North in the last 12 months.

Building Type
House
Land Size
607m2
Local Government
Frankston
Lot/Plan
864/LP60649

Last Listing description (October 2024)

This property presents a rare opportunity in a prime location with immense future potential. Situated just minutes from Frankston CBD, this 607 sqm block offers a solid 3-bedroom, 1-bathroom home with a large double garage, perfect for a variety of investment strategies.

Ideal for investors, developers, or first home buyers, this property provides multiple affordable options:
- Renovate or extend to accommodate a growing family (STCA).

- Subdivide or land bank for future development (STCA).
- Build your dream home on the existing land (STCA).
- Multi-unit development potential (STCA).

With a proven track record of increasing property values in this area, the certainty of investing in bricks and mortar has never been clearer. The home features a tidy living and meals area, three generously sized bedrooms, and a spacious second living area that overlooks a secure backyard complete with a children's cubby house.

Located within easy walking distance to shops, childcare, primary and secondary schools, this property offers excellent family appeal. Public transport, Frankston beaches, and a nearby outdoor leisure pool and park are all within close proximity. Additionally, the property boasts convenient access to both Eastlink and Peninsula Link, placing you just minutes away from key destinations.

Don't miss out on this exceptional opportunity in a rapidly growing and transitioning part of Frankston North.

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Property History for 27 Aleppo Cres, Frankston North, VIC 3200

A timeline of how this property has performed in the market
Last Sold
$530,000
24 Oct 2024
Listed for Rent
$310/w
08 Mar 2018
  • 24 Oct 2024
    Sold for $530,000
  • 23 Aug 2024
    Listed for Sale $510,000 - $560,000
  • 27 Feb 2018
    Listed for Rent - Price not available
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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 2,769 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.
There are currently 24 properties listed for sale, and 8 properties listed for rent in Frankston north on OnTheHouse. According to CoreLogic's data, 140 properties were sold in the past 12 months in Frankston north.

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