1/1 Summit RoadFrankston VIC 3199
Property Details for 1/1 Summit Rd, Frankston
1/1 Summit Rd, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 95m2.
Last Listing description (February 2025)
Perfectly located only minutes from the sandy sures and lapping waves of Frankston beach, is this charming two bedroom character home. A perfect opportunity for the astute investor, those seeking the convenience of low maintenance living or even a young professional ready to break free of the rental trap and become a first home owner. Step inside this much loved home and you will appreciate the high ceilings, polished timber floors, the spacious sun lit open living area, large modern chefs kitchen, two large bedrooms both with built-in-robes and; central bathroom. Other features include a large manicured front garden; ducted heating, reverse cycle A/C and single remote controlled garage. Being only two on the block there are no body corporate fees. Located in the Frankston High School zone and just a short walk to Frankston High School, Overport Primary School, Frankston Hospital, Monash University, shops, transport and the Beach, this is a rare affordable opportunity for the astute buyer. Currently Tenanted until March 2025 at $500pw.
Property History for 1/1 Summit Rd, Frankston, VIC 3199
- 26 Dec 2024Listed for Sale $620,000-$670,000
- 27 Nov 2023Listed for Rent $450 / week
- 22 May 2023Listed for Rent $420 / week
Recent sales nearby
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About Frankston 3199
The size of Frankston is approximately 19.8 square kilometres. It has 72 parks covering nearly 21.2% of total area. The population of Frankston in 2016 was 36097 people. By 2021 the population was 37331 showing a population growth of 3.4% in the area during that time. The predominant age group in Frankston is 30-39 years. Households in Frankston are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Frankston work in a professional occupation.In 2021, 58.30% of the homes in Frankston were owner-occupied compared with 56.80% in 2016.
Frankston has 21,752 properties. Over the last 5 years, Houses in Frankston have seen a 38.00% increase in median value, while Units have seen a 33.85% increase. As at 31 December 2025:
- The median value for Houses in Frankston is $863,752 while the median value for Units is $590,364.
- Houses have a median rent of $575 while Units have a median rent of $490.
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