7/1-3 The Ridge, Frankston South, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

7/1-3 The Ridge
Frankston South VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 72m2
Land area: 1640m2
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Property Details for 7/1-3 The Ridge, Frankston South

7/1-3 The Ridge, Frankston South is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1960. The property has a land size of 1640m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in April 2019.

Building Type
Unit
Year Built
1960
Floor Size
72m2
Land Size
1640m2
Local Government
Frankston
Lot/Plan
7/RP17217

Last Listing description (November 2024)

Situated as short distance from the sparkling shores of the Frankston Foreshore and the bustling Frankston CBD, this stunning second storey apartment boasts two spacious bedrooms, a renovated bathroom/laundry, and a light-filled living area that will leave you feeling refreshed and rejuvenated.

Step inside and be greeted by the kitchen featuring gas cooking and a convenient dishwasher. The open-concept design seamlessly flows into the living area, providing the perfect space for entertaining or simply relaxing after a long day.

The master bedroom is fit for royalty with its large size, mirrored wall feature, and triple built-in robe. The second bedroom also offers ample storage with its double built-in robe.

No expense has been spared in the renovated bathroom/laundry which features a shower over bath, sleek vanity, and practical trough. Say goodbye to cramped laundry spaces - this one has room to move!

But that's not all - this home comes equipped with split system heating/cooling in the lounge to keep you comfortable all year round. And with off-street parking available, you'll never have to worry about finding a spot on those busy days.

Don't miss your chance to rent this property! Contact us today for more information or book an inspection before it's too late!

Property History for 7/1-3 The Ridge, Frankston South, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$324,500
29 Apr 2019
Listed for Rent
$430/w
07 Nov 2024
  • 07 Nov 2024
    Listed for Rent $430 / week
  • 19 Nov 2021
    Listed for Rent $350 / week
  • 29 Apr 2019
    Sold for $324,500
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About Frankston South 3199

The size of Frankston South is approximately 14.6 square kilometres. It has 36 parks covering nearly 10.1% of total area. The population of Frankston South in 2016 was 18199 people. By 2021 the population was 18801 showing a population growth of 3.3% in the area during that time. The predominant age group in Frankston South is 40-49 years. Households in Frankston South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Frankston South work in a professional occupation.In 2021, 78.30% of the homes in Frankston South were owner-occupied compared with 76.20% in 2016.

Frankston South has 8,142 properties. Over the last 5 years, Houses in Frankston South have seen a 37.09% increase in median value, while Units have seen a 24.49% increase. As at 30 November 2025:

  • The median value for Houses in Frankston South is $1,290,260 while the median value for Units is $829,847.
  • Houses have a median rent of $690 while Units have a median rent of $530.
There are currently 25 properties listed for sale, and 4 properties listed for rent in Frankston south on OnTheHouse. According to Cotality's data, 381 properties were sold in the past 12 months in Frankston south.

Suburb Insights for Frankston South 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.