SOLD
Sold on 03 Oct 2024 for $635,000

6 Nodding Avenue
Frankston North VIC 3200

Bedrooms: 8
Bathrooms: 1
Car spaces: 1
Floor area: 122m2
Land area: 590m2
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Property Details for 6 Nodding Ave, Frankston North

6 Nodding Ave, Frankston North is a 8 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 590m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 8 bedroom Unit sold in Frankston North in the last 12 months.

Building Type
Unit
Floor Size
122m2
Land Size
590m2
Local Government
Frankston
Lot/Plan
899/LP60649

Last Listing description (February 2016)

SOLD PRIOR TO AUCTION
Look at this!! Returning $50,000 per/annum approx. Let your real estate work for you! This property is registered as a rooming house that comes with occupancy permit and certificate of registration. Certificate of registration and floorplan is available to view and SECTION 32 is available to view now.
All offers are invited prior to Auction. Vendor will consider. This property has been owned for many years and has operated as a 1B Classification Boarding House and has always been a profitable business for the owner.

Terms 10% Deposit Settlement 30/60 days

Property History for 6 Nodding Ave, Frankston North, VIC 3200

A timeline of how this property has performed in the market
Last Sold
$635,000
03 Oct 2024
Listed for Rent
$170/w
07 Mar 2016
  • 03 Oct 2024
    Sold for $635,000
  • 21 Nov 2015
    Sold for $380,000
  • 26 Oct 2015
    Listed for Sale Upcoming Auction
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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 2,768 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.
There are currently 21 properties listed for sale, and 7 properties listed for rent in Frankston north on OnTheHouse. According to CoreLogic's data, 143 properties were sold in the past 12 months in Frankston north.

Suburb Insights for Frankston North 3200

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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.