SOLD
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Sold on 17 Jul 2024 for $465,000

2/52 Overport Road
Frankston South VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
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Property Details for 2/52 Overport Rd, Frankston South

2/52 Overport Rd, Frankston South is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Frankston South in the last 12 months.

Building Type
Unit
Local Government
Frankston
Lot/Plan
2/RP6580

Last Listing description (July 2024)

Ideal as an investment property in the coveted Frankston High School zone, this 2 bedroom unit is currently tenanted, providing immediate and ongoing return on investment. It also presents a great entry to the market for those wanting to add their own stamp, or could suit downsizers looking for a conveniently situated home.

The central unit in a block of 3, it's set well back from the road and includes a single garage. Inside, it has a lounge/dining room at the front of the home with split system reverse cycle air-conditioning, then through to a kitchen with ample storage and freestanding electric oven/cooktop.

Both bedrooms have built-in robes, and these are serviced by a bathroom with bath, shower and vanity, plus separate toilet. An adjacent laundry provides storage and external access, where you'll find a private low-maintenance courtyard with rear access to the garage.

Set in a coveted location in easy walking distance to Frankston High School, Overport Primary School and cafés. It's also close to local shops, nature trails, Frankston CBD, shopping centres, beaches and easy access to the freeway.
• 2 bedrooms with BIRs
• Living/dining, kitchen
• Split system reverse cycle air-con
• Frankston High School zone
• An ideal investment

https://www.obrienrealestate.com.au/office/obrien-real-estate-frankston/22161

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Property History for 2/52 Overport Rd, Frankston South, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$465,000
17 Jul 2024
Listed for Rent
$390/w
08 Aug 2023
  • 17 Jul 2024
    Sold for $465,000
  • 24 May 2024
    Listed for Sale $460,000 - $505,000
  • 20 Jun 2023
    Listed for Rent $400 / 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 8,056 properties. Over the last 5 years, Houses in Frankston South have seen a 31.34% increase in median value, while Units have seen a 29.12% increase. As at 30 September 2024:

  • The median value for Houses in Frankston South is $1,124,617 while the median value for Units is $723,389.
  • Houses have a median rent of $635 while Units have a median rent of $555.
There are currently 49 properties listed for sale, and 9 properties listed for rent in Frankston south on OnTheHouse. According to CoreLogic's data, 320 properties were sold in the past 12 months in Frankston south.

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