OFF MARKET

5/1-3 The Ridge
Frankston South VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 1644m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 8 Jul 2024
Low

High
Save

Property Details for 5/1-3 The Ridge, Frankston South

5/1-3 The Ridge, Frankston South is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 1644m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in November 2014.

Building Type
Unit
Year Built
1960
Floor Size
69m2
Land Size
1644m2
Local Government
Frankston
Lot/Plan
5/RP17217

Last Listing description (June 2015)

A great find in this blue-chip precinct, this sun-drenched courtyard apartment represents owner-occupier or investor success in a much desired address. With Frankston shopping at hand and the beautiful beachfront nearby, this inviting two-bedroom apartment is positioned for lifestyle convenience and designed for comfort. The living and dining area embraces a sunny outlook across the communal garden; while the separate functional kitchen opens out to a fabulous courtyard perfect for alfresco entertaining. The two bedrooms each feature built-in robes and are successfully served by a central bathroom with a shower over bath and laundry facilities. Freshly painted and with Baltic floorboards and a car space, this is an excellent entry point into Frankston South.

Property History for 5/1-3 The Ridge, Frankston South, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$280,000
23 Nov 2014
Listed for Rent
$270/w
07 Mar 2014
  • 29 May 2015
    Listed for Sale $240,000 - $280,000
  • 23 Nov 2014
    Sold for $280,000
  • 07 Oct 2014
    Listed for Sale $240,000 - $280,000
Sign in to see more transactions

Commute Calculator

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 8,086 properties.

    There are currently 48 properties listed for sale, and 10 properties listed for rent in Frankston south on OnTheHouse. According to CoreLogic's data, 298 properties were sold in the past 12 months in Frankston south.

    Suburb Insights for Frankston South 3199

    Market Insights
    Trends for Houses
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend


    Median Value over 1 year
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
    Trends for Units
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend


    Median Value over 1 year
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
    Neighbourhood Insights
    Age
    Household
    Occupancy
    No data to show
    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.