3/32 Petrie Street, Frankston, VIC 3199 sold on 17 May 2025 | OnTheHouse
SOLD
Sold on 17 May 2025 for $570,000

3/32 Petrie Street
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 3/32 Petrie St, Frankston

3/32 Petrie St, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 2 bedroom Unit sold in Frankston in the last 12 months.

Building Type
Unit

Last Listing description (May 2025)

Here is an exceptional opportunity to secure a generously proportioned two-bedroom unit in a fantastic location. This attractive unit, one of only three on the block, offers both privacy and convenience, making it ideal for first-time buyers, downsizers, or savvy investors.

Currently leased by a long-term tenant on a month-to-month basis for $440.00 per week

Property Highlights:

Two Large Bedrooms: Both bedrooms feature built-in robes, providing ample storage space and comfortable living.

Functional Layout: A spacious, well-appointed kitchen with a generous meals area is perfect for family gatherings, while the separate lounge room offers plenty of space to relax or entertain guests.

Comfort Year-Round: Enjoy the convenience of split system heating and cooling, ensuring your comfort throughout the seasons.

Extra Convenience: A separate laundry and single garage enhance everyday practicality, offering extra space not usually found in a unit.

Impressive Outdoor Area: Step outside to discover a larger-than-average yard for a unit, ideal for gardening, outdoor dining, or simply enjoying a sunny afternoon.

Self-Managed Body Corporate: Benefit from the independence and lower fees that come with a self-managed body corporate arrangement.

Location Perfection:

Ideally positioned, you'll enjoy a short walk to everything Frankston has to offer:

Frankston Train Station and CBD

Beautiful Frankston Beach

Chisholm Institute

Vibrant Beach Street Shops and Cafés

This remarkable unit combines a central location with practical, comfortable living, representing excellent value in today’s market. Don't miss this fantastic opportunity to secure your future in thriving Frankston.

Arrange an inspection today

Property History for 3/32 Petrie St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$570,000
17 May 2025
Listed for Rent
$350/w
30 Aug 2019
  • 16 May 2025
    Sold for $570,000
  • 09 Apr 2025
    Listed for Sale $525,000 - $575,000
  • 07 Aug 2019
    Listed for Rent - Price not available
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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 21,721 properties. Over the last 5 years, Houses in Frankston have seen a 34.43% increase in median value, while Units have seen a 34.05% increase. As at 28 February 2026:

  • The median value for Houses in Frankston is $871,189 while the median value for Units is $589,978.
  • Houses have a median rent of $580 while Units have a median rent of $490.
There are currently 117 properties listed for sale, and 55 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1188 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

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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.