99 Frankston-Flinders RoadFrankston VIC 3199
Property Details for 99 Frankston-Flinders Rd, Frankston
Last Listing description (June 2020)
Available Now - Private Inspection WelcomeThis neat and tidy character filled home is positioned on an enormous allotment of 1,152M2 (approx) in the heart of the Frankston High School Zone and near to all major amenities.With a strong precedent for development in the immediate this is an entry level opportunity to capitalise on the capital growth potential of Frankston City.Whether you're looking to move in, utilise as an investment property and or land bank / re-develop the site (S.T.C.A), this home offers the ideal short or long term investment criteria:*Potential for Bay Views from a 2 storey re-build / re-development* Retain the property and or re-develop (S.T.C.A)* Potential to retain the front existing home and complete an additional development to the rear of the block (S.T.C.A)* Enormous, usable allotment of 1,152M2 (approx) with a 19M frontage (approx)* A neatly maintained, modernised home offers the potential to be rented out immediately* Potential rental yield of approximately $380 per week Within proximity of:* World Class Beaches* Frankston High School* Public Transport Infrastructure* Monash University* Frankston Fwy, Peninsula Link and East LinkFrankston is one of Melbourne’s fastest growing and most desirable locations for many reasons. An affluent demographic of prospective purchasers are seeing enormous value in the lifestyle elements this great city offers! This is a great opportunity to enjoy Frankston's:* Amazing beach* Sporting and Recreational Amenities* Multitude of Restaurants, Cafes Entertainment Options* Ever Expanding Collection of Shopping Outlets* Proximity to Melbourne as well as the Mornington Peninsula*IMPORTANT UPDATE REGARDING COVID 19:Your health and safety is a priority. Ash Marton Realty will be extremely attentive in adhering to the advice and instruction of the relevant health authorities at this time.*
Property History for 99 Frankston-Flinders Rd, Frankston, VIC 3199
- 11 May 2020Sold for $680,000
- 20 Mar 2020Listed for Sale $670,000 - $730,000 HUGE BLOCK IN THE ZONE
- 05 Oct 2017Transferred
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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 21,736 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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