SOLD
Sold on 26 Feb 2024 for $460,000

3/59 Cranbourne-Frankston Road
Langwarrin VIC 3910

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 78m2
Land area: 181m2
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Barry Plant Docklands & Yarra's Edge
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Property Details for 3/59 Cranbourne-Frankston Rd, Langwarrin

3/59 Cranbourne-Frankston Rd, Langwarrin is a 2 bedroom, 1 bathroom Unit and was built in 1990. The property has a land size of 181m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Langwarrin in the last 12 months.

Building Type
Unit
Year Built
1990
Floor Size
78m2
Land Size
181m2
Local Government
Frankston
Lot/Plan
3/PS309873

Last Listing description (October 2024)

Situated at the rear of the complex and popular leafy Langwarrin, is this freshly painted 2-bedroom unit that feels more like a house then a unit, with a very private large rear yard ideal for entertaining or pets, which is exceedingly rare for a unit.

This single level home also offers first home buyers a wonderful opportunity to enter a fantastic area, investors a great return and downsizers easy access to all amenities. With Expanded Karingal hub a short stroll away, in Elisabeth Murdoch college zone and close to fauna reserve for some activities. Direct access to Pen link with the choice to head down the peninsula or a direct drive to city and airport.

Both bedrooms have built-in robes and curtains, sharing a full family bathroom with shower, tub and separate toilet in this easy-living home. Which includes a gas furnace, external awnings, a single lock-up garage and scope to modernise and put your own creative stamp on.

An interconnecting dining zone with great natural light and soft tones, flanks a tidy original kitchen with freestanding gas stove, cream cabinetry and breakfast bar, while sliding glass doors open to a private courtyard.

Other benefits include possible rental return at $1,850 per month for investors, parking for another car in driveway,10 minutes to beaches and Frankston cbd.

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Property History for 3/59 Cranbourne-Frankston Rd, Langwarrin, VIC 3910

A timeline of how this property has performed in the market
Last Sold
$460,000
26 Feb 2024
Listed for Rent
$330/w
30 Mar 2020
  • 26 Feb 2024
    Sold for $460,000
  • 05 Jan 2024
    Listed for Sale $430,000 to $470,000
  • 18 May 2022
    Sold for $485,000
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About Langwarrin 3910

The size of Langwarrin is approximately 28.8 square kilometres. It has 39 parks covering nearly 12.2% of total area. The population of Langwarrin in 2011 was 21,370 people. By 2016 the population was 22,580 showing a population growth of 5.7% in the area during that time. The predominant age group in Langwarrin is 40-49 years. Households in Langwarrin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Langwarrin work in a trades occupation. In 2011, 80% of the homes in Langwarrin were owner-occupied compared with 78.3% in 2016.

Langwarrin has 10,238 properties. Over the last 5 years, Houses in Langwarrin have seen a 31.77% increase in median value, while Units have seen a 30.54% increase. As at 30 November 2024:

  • The median value for Houses in Langwarrin is $869,495 while the median value for Units is $585,133.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 61 properties listed for sale, and 17 properties listed for rent in Langwarrin on OnTheHouse. According to CoreLogic's data, 448 properties were sold in the past 12 months in Langwarrin.

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