SOLD
Sold on 14 Mar 2024 for $870,000

4/5 Frank Street
Safety Beach VIC 3936

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 149m2
Land area: 157m2
Sold By
Impact Realty Group Frankston
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Property Details for 4/5 Frank St, Safety Beach

4/5 Frank St, Safety Beach is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2010. The property has a land size of 157m2 and floor size of 149m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Unit sold in Safety Beach in the last 12 months.

Building Type
Unit
Year Built
2010
Floor Size
149m2
Land Size
157m2
Local Government
Mornington Peninsula
Lot/Plan
4/PS730272

Last Listing description (July 2024)

Nestled in a serene cul de sac, less than 500 meters from the pristine golden shores of Safety Beach, and set in a tranquil environment with a backdrop of tea tree-lined Sheepwash Creek lies this chic, contemporary 3 bedroom townhouse.

Positioned as just one of only six homes on the block, privacy and scenic views are at the forefront of the design. Downstairs, two separate living zones provide plenty of space to entertain, or simply unwind and relax.
The central kitchen boasts stone benchtops with a sleek waterfall edge, and is equipped with a dishwasher, gas cooktop, electric oven, and soft-close drawers.

A modern timber staircase leads to the upstairs retreat which doubles as the perfect study nook and leads to the spacious main bedroom suite which offers views towards Arthurs Seat, and features a walk-in robe and a luxurious full ensuite. The additional bedrooms feature mirrored built-in robes and ceiling fans.

Presenting modern square set ceilings, intercom, LED downlights, split system air conditioners, an instantaneous hot water system and double roller blinds, complete with sun blinds and block-out blinds.

A double garage with automatic door and internal access, alongside an impressive laundry featuring stone benchtops and built-in cabinetry, completes this remarkable beachside residence while outside, a private rear courtyard caters to a variety of uses and includes a rain water tank.

Offering a beachside locale like no other with convenient amenities nearby and easy access to Peninsula Link, this home will tick all of the boxes.

Property History for 4/5 Frank St, Safety Beach, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$870,000
14 Mar 2024
Listed for Rent
$450/w
07 Aug 2019
  • 14 Mar 2024
    Sold for $870,000
  • 24 Feb 2024
    Listed for Sale $840,000 - $890,000
  • 07 Aug 2019
    Listed for Rent - Price not available
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About Safety Beach 3936

The size of Safety Beach is approximately 6 square kilometres. It has 23 parks covering nearly 12.2% of total area. The population of Safety Beach in 2011 was 3,517 people. By 2016 the population was 4,824 showing a population growth of 37.2% in the area during that time. The predominant age group in Safety Beach is 60-69 years. Households in Safety Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Safety Beach work in a trades occupation. In 2011, 69.6% of the homes in Safety Beach were owner-occupied compared with 69.8% in 2016.

Safety Beach has 5,102 properties. Over the last 5 years, Houses in Safety Beach have seen a 41.64% increase in median value, while Units have seen a 31.27% increase. As at 31 October 2024:

  • The median value for Houses in Safety Beach is $1,193,877 while the median value for Units is $920,906.
  • Houses have a median rent of $695 while Units have a median rent of $600.
There are currently 64 properties listed for sale, and 6 properties listed for rent in Safety beach on OnTheHouse. According to CoreLogic's data, 324 properties were sold in the past 12 months in Safety beach.

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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.