1/9 Reid StreetFrankston VIC 3199
Property Details for 1/9 Reid St, Frankston
1/9 Reid St, Frankston is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 90m2. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 2 bedroom Unit sold in Frankston in the last 12 months.
Last Listing description (June 2025)
Positioned in one of Melbourne's fastest-growing coastal suburbs, 1/9 Reid Street, Frankston VIC 3199 presents a rare chance to secure a tenanted property in a high-demand location. This two-bedroom, two-bathroom unit with a dedicated parking space is currently under a fixed lease, offering immediate rental returns and long-term growth potential.
Why Invest in Frankston?
- Prime Location: Situated within walking distance to Frankston Hospital, Monash University Peninsula Campus, and the George Pentland Botanic Gardens, this property offers unparalleled convenience for tenants and strong appeal for investors.
- Capital Growth Potential: The suburb has seen consistent property value growth, with median unit prices reaching $527,500, indicating a healthy return on investment.
- Lifestyle and Amenities: Frankston offers a vibrant lifestyle with its beautiful beaches, shopping precincts, and excellent public transport links, making it a desirable location for tenants and homeowners alike.
Property Highlights
- Spacious 2-bedroom, 2-bathroom unit
- Secure parking space
- Currently tenanted with a fixed lease in place
Don't miss this opportunity to add a high-performing asset to your portfolio in a suburb poised for continued growth. For more information or to arrange a viewing, contact Marsh Schwallie today.
Property History for 1/9 Reid St, Frankston, VIC 3199
- 29 Jun 2025Sold for $460,000
- 28 Apr 2025Listed for Sale $460,000 - $500,000
- 07 Feb 2025Listed for Rent $480 / week
Recent sales nearby
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0About 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 21,759 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.
Suburb Insights for Frankston 3199
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