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Sold on 01 Feb 2024 for $530,000

7 Karri Court
Frankston North VIC 3200

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 703m2
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Property Details for 7 Karri Ct, Frankston North

7 Karri Ct, Frankston North is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 703m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Frankston North in the last 12 months.

Building Type
House
Land Size
703m2
Local Government
Frankston
Lot/Plan
220/LP58811

Last Listing description (February 2024)

Brimming with affordability and exciting future possibilities, this end-of-court three-bedroom home on a substantial flat 703m2 (approx) allotment is ripe for a contemporary renovation or potential redevelopment into three modern townhouses (STCA).

Within a popular residential precinct just 1.4km to Mahogany Rise Primary School and footsteps to Monterey Secondary College, Frankston Pines Soccer Club, the aquatic centre and the Pines Forest cafe strip, the location will appeal to a broad range of buyers, from starters and families to investors and downsizers.

Certainly rentable as you await plans and permits for your greater vision with an estimated return of $420-$440 per week, the single-level home features a light-filled living room with timber flooring and picture rails and an original kitchen with a freestanding stove and floor-to-ceiling cabinetry.

The three bedrooms with vertical blinds are serviced by a circa-1970s bathroom with pink-enamel shower/tub combo and basin, while the carport off the lock-up garage also functions as an undercover barbecue patio.

A short drive to the major shopping of Frankston city centre, Karingal Hub, beaches, golf courses and the freeway for a 40 minute commute to Melbourne, this well situated property is teeming with opportunity.

Should you require any further information, please do not hesitate to contact Andrew Condon on 0407 766 774 anytime.

Please note Photo ID is required for all inspections.

Property History for 7 Karri Ct, Frankston North, VIC 3200

A timeline of how this property has performed in the market
Last Sold
$530,000
01 Feb 2024
Listed for Rent
$245/w
12 Jan 2013
  • 30 Jan 2024
    Sold for $530,000
  • 27 Dec 2023
    Listed for Sale $500,000 - $550,000
  • 18 Nov 2013
    Sold for $262,000
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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 2,768 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 20 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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Contact agent
Andrew Condon
Show contact details
Ray White Frankston
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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.