4/2 Omaroo Lane, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

4/2 Omaroo Lane
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 449m2
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Property Details for 4/2 Omaroo Lane, Frankston

4/2 Omaroo Lane, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 449m2 and floor size of 83m2.

Building Type
Unit
Year Built
1978
Floor Size
83m2
Land Size
449m2
Local Government
Frankston
Lot/Plan
2/PS748544

Last Listing description (December 2024)

Nestled high in the tree canopy, this hidden gem is in one of Frankston's sought after leafy pockets. This property is only a moments stroll from multiple schools and Ballam Park, a 10 minute drive to Frankston beach and a short distance to Karingal Hub shopping centre.

Elevated on the second level, this apartment consists of an open plan dining, kitchen and lounge all flow out to an extensive tiled balcony overlooking the park providing a relaxing place to unwind or entertain. The kitchen features stone benchtops, breakfast bar, plenty of storage and bench space.
The master bedroom has a walk in robe leading through to the master bathroom with separate shower and bath. The second bedroom is light and bright and offers a built in robe.

Additional features include:
* Dishwasher
* Split system heating and cooling
* Large Balcony
* Single allocated car space
* Multiple entries to building from Kareela Road shops and from carpark located at rear of the building
* Fully secure building with private intercom access

Property History for 4/2 Omaroo Lane, Frankston, VIC 3199

A timeline of how this property has performed in the market
Listed for Rent
$420/w
10 May 2022
  • 04 Dec 2024
    Listed for Rent $450 / week
  • 18 Jan 2024
    Listed for Rent $430 / week
  • 26 Apr 2022
    Listed for Rent - Price not available
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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 21,775 properties. Over the last 5 years, Houses in Frankston have seen a 14.92% increase in median value, while Units have seen a 20.83% increase. As at 30 June 2026:

  • The median value for Houses in Frankston is $840,298 while the median value for Units is $574,722.
  • Houses have a median rent of $595 while Units have a median rent of $495.
There are currently 141 properties listed for sale, and 62 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1078 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.