L1-03/5 Culcairn DriveFrankston South VIC 3199
Property Details for L1-03/5 Culcairn Dr, Frankston South
L1-03/5 Culcairn Dr, Frankston South is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in November 2017.
Last Listing description (September 2024)
**Contact Ashleigh Alsadie on 0475 057 826 to arrange a private inspection**
Located in the highly-coveted Frankston South, this luxury two-bedroom home in the Summardai Apartments complex presents an exciting opportunity for starters, downsizers or investors seeking an immaculate property in a superb location.
Enjoy a low maintenance lifestyle and the valuable appeal of:
- Large open kitchen with porcelain tiling, electric oven and cooktop and a dishwasher
- Open living and dining space, boasting a light filled outlook over the bay. A private balcony wraps the living space and offers the perfect vantage point to soak in the vibrant local atmosphere
- Spacious master bedroom offering built in robes
- Bathroom with porcelain tiling, a large bath single vanity and aesthetic fittings further the sense of luxury
- One secure underground car park, accessible via gated access (accessible to owners within the complex only)
- Well-positioned within the Frankston High School Zone, and also just metres away from bus services and moments from Frankston public and private Hospitals, Monash University, parks, Frankston CBD and the award-winning foreshore
The property is currently leased to a quality tenant at $1673 per month, until October 2024, offering the option to either move in as an owner/occupier, or continue the lease for investors.
Property History for L1-03/5 Culcairn Dr, Frankston South, VIC 3199
- 20 Oct 2023Listed for Sale $380,000 - $420,000
- 30 Nov 2022Listed for Sale $370,000 - $400,000
- 02 Nov 2017Sold for $360,000
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0About 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 8,095 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.
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