1 Melva CourtFrankston VIC 3199
Property Details for 1 Melva Ct, Frankston
1 Melva Ct, Frankston is a 8 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 859m2. While the property is not currently for sale or for rent, it was last sold in December 1981.
Last Listing description (July 2012)
Own the BLOCK..
We have just listed a block of 4 units that we currently manage.
They are all 2 bedrooms and have carports.
The current return is $42380 PA.
Land size is approx. 982 m2.
Located in the Frankston High School zone and walking distance to Monash University and the Frankston Hospital.
An excellent investment opportunity worth considering.
Property History for 1 Melva Ct, Frankston, VIC 3199
- 21 Jul 2012Listed for Sale $800,000
- 24 Dec 1981Sold for $38,500
- 31 Jul 1975Sold for $26,500
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About Frankston 3199
The size of Frankston is approximately 19.8 square kilometres. There are 72 parks, covering nearly 21.2% of the 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 21,846 properties. Over the last 5 years, Houses in Frankston have seen a 7.98% increase in median value, while Units have seen a 12.98% increase. As at 31 August 2026:
- The median value for Houses in Frankston is $815,119 while the median value for Units is $558,435.
- Houses have a median rent of $600 while Units have a median rent of $500.
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