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.
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.
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:
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