SOLD
Sold on 10 Dec 2023 for $1,925,000

22 Ithaca Road
Frankston South VIC 3199

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 209m2
Land area: 1008m2
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Property Details for 22 Ithaca Rd, Frankston South

22 Ithaca Rd, Frankston South is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 1008m2 and floor size of 209m2. 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
1985
Floor Size
209m2
Land Size
1008m2
Local Government
Frankston
Lot/Plan
47/LP10865

Last Listing description (December 2023)

Epitomising the old-world elegance the exclusive Olivers Hill region is renowned for, this enchanting double-brick residence captivates with its Mediterranean-inspired ambience and glorious views across the coastal surrounds to Port Phillip Bay.

Past the grand entry steps adorned with columned railings, the residence unveils an expansive formal living and dining area with hardwood floors, bay windows, chandeliers in plaster roses and a wall of library shelving.

The 10-metre family room beyond, which is perfect for relaxed family gatherings, opens via sliding doors to a long terrace backdropped by the bay with sunset views, while the spacious rear alfresco deck laced with ornamental grape vines provides a superb locale to dine outdoors amid the balmy coastal zephyrs.

Rich hardwood cabinetry pairs with sleek stainless-steel appliances in the cook's kitchen, which includes a Westinghouse gas cooktop, Westinghouse oven and a Bosch dishwasher, and allows easy access to both the formal and informal dining spaces.

An oversized master bedroom with walk-in robe and ensuite guards the fort off the large entry foyer, while the two rear bedrooms enjoy direct access to the deck via sliding glass and plantation shutters.

Downstairs, you'll discover an additional living space, office or fifth bedroom with external access and a powder room in this versatile layout, which also offers an incredible sublevel 12-metre bonus space with storage room, which could be a workshop, gym, mancave or studio.

Positioned within the prized Derinya Primary School and Frankston High School zones, just 550 metres to the Norman Avenue cafe strip and just a few minutes' drive to both Mt Eliza village and Frankston's city centre, the property includes ducted heating, split-system cooling, raised veggie beds, a private back garden with shaded faux-grass area and a double remote garage.

Property History for 22 Ithaca Rd, Frankston South, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$1,925,000
10 Dec 2023
Listed for Rent
$895/w
17 Dec 2013
  • 10 Dec 2023
    Sold for $1,925,000
  • 13 Nov 2023
    Listed for Sale Not Disclosed
  • 13 Dec 2021
    Sold for $1,820,000
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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, 336 properties were sold in the past 12 months in Frankston south.

Suburb Insights for Frankston South 3199

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Michelle Skoglund
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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.