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Sold on 13 Nov 2024 for $1,515,000

25A The Ridge
Frankston South VIC 3199

Bedrooms: 5
Bathrooms: 3
Car spaces: 4
Land area: 836m2
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Property Details for 25a The Ridge, Frankston South

25a The Ridge, Frankston South is a 5 bedroom, 3 bathroom House with 4 parking spaces. The property has a land size of 836m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 5 bedroom House sold in Frankston South in the last 12 months.

Building Type
House
Land Size
836m2
Local Government
Frankston
Lot/Plan
20/LP11579

Last Listing description (November 2024)

#PictureThis: Unreal bay views from the pinnacle of one of Frankston South's most privileged hilltop positions, combining outstanding proportions with the potential for easy dual living. Placed among a prized no-through avenue, this stylish 5-bedroom home provides a family-sized retreat perfect for the multi-generational family or intelligent investor.

#WhatYoullLove: The complete individuality of its comprehensive layout, with the option to create separation with self-contained living options across two immense levels. Open living and dining areas to each floor open to balconies with breathtaking views, elevated on the top floor to capture Mount Macedon over the city skyline.

A 3-bedroom, 2-bathroom ground level features a light-filled living arrangement with a gas log fireplace and a spacious kitchen, matched by a 2-bedroom upper level with its own kitchen, laundry and bathroom, with an external door at the foot of the stairwell ready for the transformation to entirely detached living. Two driveways also lend perfectly to splitting the design, with the 3-bedroom level by a double garage, and the upper level suited to the single carport.

#WhereYoullLive: In a quiet cul-de-sac zoned for Overport Primary and Frankston High schools while near a selection of acclaimed, independent colleges, a short stroll from Sweetwater Creek walking trails, Olivers Hill beaches, buses, Tara Drive shops, and the lively Frankston CBD with its thriving cafe scene and rejuvenated cultural offerings.

Property History for 25a The Ridge, Frankston South, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$1,515,000
13 Nov 2024
  • 07 Nov 2024
    Sold for $1,515,000
  • 24 Sep 2024
    Listed for Sale $1,500,000 - $1,600,000
  • 11 Apr 2024
    Listed for Sale $1,550,000 - $1,650,000
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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 8,092 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 45 properties listed for sale, and 11 properties listed for rent in Frankston south on OnTheHouse. According to CoreLogic's data, 338 properties were sold in the past 12 months in Frankston south.

Suburb Insights for Frankston South 3199

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Kristen And Jax Carlyle-Mackenzie
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Emily Taylor
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Eview Group - Eview Group
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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.