2/3 Vermay Avenue, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

2/3 Vermay Avenue
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 326m2
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Property Details for 2/3 Vermay Ave, Frankston

2/3 Vermay Ave, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 326m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in March 2025.

Building Type
Unit
Year Built
1990
Floor Size
83m2
Land Size
326m2
Local Government
Frankston
Lot/Plan
2/SP36683

Last Listing description (May 2025)

This spacious and stylish unit is perfectly positioned within walking distance to Kareela Road's vibrant cafes and shops, as well as St John's school, making it an ideal choice for downsizers, first-home buyers, or investors. With no body corporate fees and being one of only two on the block, enjoy the freedom of independent living in a sought-after pocket.

Step inside to an open-plan living and dining area, complete with a ceiling fan, split system, and wall heater for year-round comfort. The well-appointed kitchen boasts a sleek stainless steel splash back and ample storage, while the cleverly designed laundry doubles as a walk-in pantry with external access.

Two generously sized bedrooms feature built-in robes and ceiling fans, with the master also offering a split system for added comfort. The renovated bathroom includes a shower, bathtub, vanity, and a separate wash closet.

Outdoor living is where this home truly shines. A huge alfresco area, complete with a Coonara fireplace and caf blinds, is perfect for year-round entertaining. The gated backyard provides a secure space for kids and pets to play, while the lock-up garage adds convenience and storage.

Property History for 2/3 Vermay Ave, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$615,000
18 Mar 2025
Listed for Rent
$260/w
02 Feb 2013
  • 18 Mar 2025
    Sold for $615,000
  • 01 Mar 2025
    Listed for Sale $580,000 - $638,000 - No Body Corporate
  • 19 Dec 2017
    Sold for $465,101
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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 21,740 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.
There are currently 119 properties listed for sale, and 60 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1180 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

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Cotality Copyright and Legal Disclaimers about Property Data
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.