2/24 Phillip StreetFrankston VIC 3199
Property Details for 2/24 Phillip St, Frankston
2/24 Phillip St, Frankston is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2008. The property has a floor size of 104m2.
Last Listing description (February 2016)
Frankston's most exciting development at 24 Phillip St Frankston! Priced extremely competitively and situated within minutes to the beach, major freeways, Frankston CBD and railway station. This is an incredible investment opportunity, however you will have to be quick!
Advantages of purchasing 24 Phillip St Frankston:
* Huge stamp duty savings by buying off the plan
* Annual Tax depreciation at approx $12k-$15k per annum for first 3 years
* High rental yields ensuring holding costs are low
* Brand new dwelling - no maintenance issues or costs for at least 5 years
* Luxury inclusions will attract high quality tenants
* High capital growth location with beach, freeways, shopping and transport close by.
* 3 months warranty period, 6 and half builders warranty insurance
* 10 year structural warranty
* Experienced and trusted development firm http://www.auscogroup.com.au/
Be part of Frankston s most exciting development; contact George Devic on 0400 022 192 today to register your interest.
Please note photo ID is required at all inspections.
Property History for 2/24 Phillip St, Frankston, VIC 3199
- 04 Sep 2015Listed for Sale $350,000 - $385,000
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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 21,733 properties. Over the last 5 years, Houses in Frankston have seen a 28.17% increase in median value, while Units have seen a 31.91% increase. As at 31 March 2026:
- The median value for Houses in Frankston is $868,576 while the median value for Units is $592,456.
- Houses have a median rent of $580 while Units have a median rent of $490.
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