OFF MARKET

7/9 Towerhill Road
Frankston South VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 1517m2
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Property Details for 7/9 Towerhill Rd, Frankston South

7/9 Towerhill Rd, Frankston South is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1969. The property has a land size of 1517m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
Unit
Year Built
1969
Floor Size
69m2
Land Size
1517m2
Local Government
Frankston
Lot/Plan
7/SP22843

Last Listing description (November 2019)

Ideally located in Frankston South within walking distance to Frankston High School, Overport Primary School, Monash University, Foot Street Shops and Frankston Hospital.

This low maintenance first floor apartment is currently tenanted on a month to month lease at $1,043 per calendar month and can be purchased with either a fantastic tenant in place or with vacant possession. Potential rental return of $320-$330 Per Week.


Comprising two generously sized bedrooms both with built in wardrobes, light and bright functional kitchen, open plan living zone with access to the private balcony, split system A/C, heating, well sized bathroom / laundry and off street parking.

Positioned within a highly sought after pocket of Frankston South, within easy access to Peninsula Link and well within the 'Frankston High School Zone' - arrange your inspection today!

Property History for 7/9 Towerhill Rd, Frankston South, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$292,000
08 Nov 2019
Listed for Rent
$180/w
06 Oct 2012
  • 08 Nov 2019
    Sold for $292,000
  • 15 Oct 2019
    Listed for Sale UNDER CONTRACT
  • 12 Oct 2015
    Sold for $227,000
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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 8,098 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 52 properties listed for sale, and 11 properties listed for rent in Frankston south on OnTheHouse. According to CoreLogic's data, 333 properties were sold in the past 12 months in Frankston south.

Suburb Insights for Frankston South 3199

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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.