2/16 Palmerston Cres, Frankston South is a 3 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 361m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in September 2019.
** PRIVATE INSPECTIONS CAN BE ARRANGED BY APPOINTMENT **
Within what is arguably one of Frankston Souths most highly sought-after and exclusive pockets awaits one very rare opportunity to the lucky new owner. Boasting a secure and private location situated within the prestigious Frankston High School Zone, youll find yourself within walking distance to the Norman Avenue shops, the tranquil Sweetwater Creek Nature Reserve, Yamala Park, local transport and Frankstons award-winning foreshore.
Securely situated at the rear of a private driveway with only two on the block and no body corporate, this beautifully modern and renovated 3 bedroom brick veneer home sits on a generous 361m2 (approx). With a spacious open plan design that provides flexible living and dining options, you will be immediately impressed with the abundance of space this immaculate single-level villa offers a fantastic opportunity for those looking to downsize, first home buyers, and savvy investors alike!
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:
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