SOLD
RECENT ADVICE
Sold on 04 Jun 2024 for $1,400,000

5B Palmerston Crescent
Frankston South VIC 3199

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
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Property Details for 5b Palmerston Cres, Frankston South

5b Palmerston Cres, Frankston South is a 3 bedroom, 2 bathroom House with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Frankston South in the last 12 months.

Building Type
House
Local Government
Frankston
Lot/Plan
2/PS908320

Last Listing description (June 2024)

Blending contemporary coastal elegance with architectural prestige, this breathtaking seaside sanctuary brings families together across a multi-level design with tree-top aspects towards Sweetwater Creek. Footsteps from cafes and coastlines, the Hamptons-inspired three-bedroom home is defined by oversized proportions, organic tones and luxury finishes.

Merging the finest finishes with a thoughtfully curated layout to deliver an indulgent lifestyle only steps from Oliver Hill, the dreamy interiors open across engineered timber floors to welcome family dynamics across three separate entertaining areas. Championing a rear northerly outlook with a sun-drenched Spotted Gum alfresco deck and native landscaped garden (with irrigation and garden lighting), the ground-floor living and dining domain rests alongside an entertainer's kitchen complete with Caesarstone benchtops, island bench with integrated recessed power, a spacious walk-in robe and premium Bosch appliances including an integrated dishwasher.

Balancing two additional living zones, rear private deck, a secondary powder room, main bathroom with underfloor heating, tub and ceiling shower, and two additional bedrooms each with robes, the first-floor layout provides families with the luxury of space away from the main domain. Set upon its own private level, the master bedroom inspires relaxation and peace for parents with the addition of a walk-in robe and ensuite with underfloor heating, stone vanity and full-height tiling.

Luxury inclusions comprise: ground-floor powder room, zoned Brivis heating and cooling, a commercial lighting design (interior), keyless entry, Doha intercom (upstairs/downstairs) and CCTV system (IP/APP), laundry with stone benchtops, single garage with electric car charger, and 6kW solar system optioned for battery storage. With a James Hardie exterior, this Scyon weatherboard and brick home delivers a refined level of sophistication within the FHSZ and DPSZ and only moments from Frankston Foreshore, Mount Eliza Village and Bayside Shopping Centre.

Should you require any further information, please do not hesitate to contact Ashley Weston on 0439 101 677 or Kristell Elson on 0400 165 801 anytime.

Please note Photo ID is required for all inspections.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Property History for 5b Palmerston Cres, Frankston South, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$1,400,000
04 Jun 2024
  • 04 Jun 2024
    Sold for $1,400,000
  • 06 May 2024
    Listed for Sale $1,350,000 - $1,485,000

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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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Ashley Weston
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Kristell Elson
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Ray White Frankston
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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.