1/16 Petrie Street, Frankston, VIC 3199 | Property Value & History | OnTheHouse
 
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1/16 Petrie Street
Frankston VIC 3199

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 57m2
Land area: 71m2
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Property Details for 1/16 Petrie St, Frankston

1/16 Petrie St, Frankston is a 1 bedroom, 1 bathroom Unit and was built in 1968. The property has a land size of 71m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
1968
Floor Size
57m2
Land Size
71m2
Local Government
Frankston
Lot/Plan
1/RP9347

Last Listing description (January 2022)

**Inspections via private appointment only**

Important Notice: In accordance with Victorian Government requirements only fully vaccinated people will be able to attend Open for Inspections. Attendees must check-in via a QR code and provide evidence of being fully vaccinated prior to entry. If you are unvaccinated please email or SMS Aaron Froling for a private inspection.

A well-maintained unit with plenty to offer. Ideal for anyone looking to invest, purchaser their first home or downsize. Positioned perfectly, just a stone's throw away from Bayside Shopping Centre, Frankston Train Station, Frankston Foreshore and not to mention all the local Cafes and Restaurants.

Including:
Spacious light-filled living area
Built-in bench seat
Modern kitchen
Original timber floorboards
Stone benchtops
Stainless steel appliances
Ample storage throughout
Spacious bedroom with carpet and BIR
Central bathroom
Split system air conditioning and heating
Outdoor deck for entertaining
In the Frankston High School Zone

This property is currently rented for $293 with the lease ending in May 2022.

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Property History for 1/16 Petrie St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$362,499
13 Nov 2021
Listed for Rent
$290/w
20 May 2021
  • 13 Nov 2021
    Sold for $362,499
  • 06 Sep 2021
    Listed for Sale $362,500
  • 10 May 2021
    Listed for Rent $290 / week
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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 21,756 properties. Over the last 5 years, Houses in Frankston have seen a 37.66% increase in median value, while Units have seen a 34.11% increase. As at 30 November 2025:

  • The median value for Houses in Frankston is $855,978 while the median value for Units is $580,928.
  • Houses have a median rent of $570 while Units have a median rent of $480.
There are currently 64 properties listed for sale, and 59 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1184 properties were sold in the past 12 months in Frankston.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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