2/5 Waterman PlaceFrankston VIC 3199
Property Details for 2/5 Waterman Pl, Frankston
2/5 Waterman Pl, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1967. The property has a land size of 71m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in June 2017.
Last Listing description (January 2026)
A well-presented and conveniently located two-bedroom apartment, offering comfort and practicality in a sought-after court location. Featuring modern conveniences, a private carport, and a functional layout, this home is perfect for those seeking easy living.
Split-system heating & cooling for year-round comfort
Stylish timber flooring throughout
Private, single carport
Built-in robes in both bedrooms for ample storage
Bathroom with laundry hook-up and separate toilet
Located within the highly sought-after Frankston High School Zone
Positioned in a quiet court, this home offers easy access to local shops, public transport, and schools. Enjoy the convenience of nearby parks, cafes, and all that Frankston has to offer, including its beautiful beaches and vibrant shopping precinct.
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Property History for 2/5 Waterman Pl, Frankston, VIC 3199
- 10 Dec 2025Listed for Rent $470 / week
- 20 Feb 2025Listed for Rent $490 / week
- 07 Jul 2022Listed for Rent $340 / week
Recent sales nearby
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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 21,673 properties. Over the last 5 years, Houses in Frankston have seen a 24.64% increase in median value, while Units have seen a 29.97% increase. As at 30 April 2026:
- The median value for Houses in Frankston is $867,535 while the median value for Units is $593,226.
- Houses have a median rent of $590 while Units have a median rent of $490.
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