SOLD
Sold on 09 Dec 2023 for $1,375,000

14 Balmoral Court
Frankston South VIC 3199

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 247m2
Land area: 779m2
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Property Details for 14 Balmoral Ct, Frankston South

14 Balmoral Ct, Frankston South is a 4 bedroom, 2 bathroom House and was built in 1997. The property has a land size of 779m2 and floor size of 247m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 4 bedroom House sold in Frankston South in the last 12 months.

Building Type
House
Year Built
1997
Floor Size
247m2
Land Size
779m2
Local Government
Frankston
Lot/Plan
55/PS342607

Last Listing description (September 2023)

+ 5 year lease to 2026, plus options through to 2041.
+ Dimmeys: One of Australia's oldest and most famous discount stores, with a rich history of success since 1853 offering a wide variety of retail goods at bargain prices.
+ Tenant pays all usual outgoings.

+ Fixed annual rent increases, ensuring future rental growth
+ Strategic 108*sqm corner premises.
+ Central position, less than 20 metres from the 3 level Bayside Shopping centre, anchored by Myer, Coles, Woolworths, ALDI and Target plus 160+ specialty stores.
+ Single tenanted investment, requiring minimal management.
+ Strategically positioned within 100* metres of the Frankston train station.
+ Frankston: a major commercial, retail, education and transport hub servicing Southern suburbs and the Mornington Peninsula.
+ Net Income: $39,713 pa + GST

Property History for 14 Balmoral Ct, Frankston South, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$1,375,000
09 Dec 2023
  • 09 Dec 2023
    Sold for $1,375,000
  • 16 Aug 2023
    Listed for Sale Price on Request
  • 13 May 2009
    Sold for $480,000
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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 8,097 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 51 properties listed for sale, and 11 properties listed for rent in Frankston south on OnTheHouse. According to CoreLogic's data, 337 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.