OFF MARKET

1/16 Palmerston Crescent
Frankston South VIC 3199

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
Land area: 333m2
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Property Details for 1/16 Palmerston Cres, Frankston South

1/16 Palmerston Cres, Frankston South is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 333m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
1977
Floor Size
95m2
Land Size
333m2
Local Government
Frankston
Lot/Plan
1/RP13620

Last Listing description (September 2021)

****AVAILABLE 8 OCTOBER 2021 - LONG LEASE AVAILABLE****
This fully renovated 3 bedroom, 1 bathroom front unit is easy living at its best in Frankston South!
One of two units, recently renovated and freshly painted throughout.

Modern kitchen with all new appliances, gas cook top, electric oven and dishwasher.
The Lounge and Dining area has freshly polished boards with a brand new Rinnai Gas and Kelvinator reverse electrical heating and cooling unit.
All Bedrooms have BIR, sheer curtains and roller blinds.
Bathroom has separate shower, deep bath and vanity cabinet.
**Also includes** Single lock up garage, security doors on front and rear, front balcony, rear courtyard, brand new double power points throughout, Foxtel points and dish on roof & NBN box.
**PLEASE APPLY ONLINE VIA 1FORM & REGISTER TO INSPECT**
DUE TO CURRENT COVID RESTRICTIONS, DUE TO CURRENT COVID RESTRICTIONS, VIRTUAL INSPECTIONS WILL BE OFFERED IF AVAILABLE**

Property History for 1/16 Palmerston Cres, Frankston South, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$725,000
03 Jun 2021
Listed for Rent
$450/w
30 Sep 2021
  • 20 Sep 2021
    Listed for Rent - Price not available
  • 03 Jun 2021
    Sold for $725,000
  • 24 Jul 2017
    Listed for Rent $330 / week
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About Frankston South 3199

The size of Frankston South is approximately 14.6 square kilometres. It has 36 parks covering nearly 10.1% of total area. The population of Frankston South in 2011 was 17,612 people. By 2016 the population was 18,183 showing a population growth of 3.2% in the area during that time. The predominant age group in Frankston South is 40-49 years. Households in Frankston South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Frankston South work in a professional occupation. In 2011, 77.9% of the homes in Frankston South were owner-occupied compared with 76.2% in 2016.

Frankston South has 8,098 properties. Over the last 5 years, Houses in Frankston South have seen a 27.72% increase in median value, while Units have seen a 24.16% increase. As at 31 October 2024:

  • The median value for Houses in Frankston South is $1,120,155 while the median value for Units is $706,713.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 52 properties listed for sale, and 11 properties listed for rent in Frankston south on OnTheHouse. According to CoreLogic's data, 333 properties were sold in the past 12 months in Frankston south.

Suburb Insights for Frankston South 3199

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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.