Unit 3, 16 PETRIE STREET Frankston VIC 3199
This property is Off Market
- The Average property price in this area is $881,031, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 1.10 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Frankston
With an average age of 38, households expect an average monthly mortgage payment of $1,499 or a weekly rent payment of $296. The average family earns a weekly income of $1,697 with a typical household size of 1.8 and a 92.51% employment rate.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Frankston are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Frankston provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Frankston requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Frankston we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Frankston a better buying opportunity than it may have been in the past.
Public Transport
Leawarra
General Points of Interest
Beleura
Somerville Shopping Centre
Eliza Square
Home Co. Mornington
Dinosaur World
Baxter Tennis Club
YMCA Somerville Health and Aquatic Centre
Karingal Village
Gallipoli oak
Flinders Monument
Population
(Country of Birth not stated 10%)
Are people healthy?
There are a recorded 3689 asthma sufferers and 1416 people living with diabetes. In addition, 1175 people have a heart/vascular condition and 2714 people live with three or more chronic diseases.A good place to invest in property?
Frankston a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
42 / 100
52 / 100
Industry
20 / 100
17 / 100
Population
59 / 100
32 / 100
House Prices
75 / 100
70 / 100
Jobs
39 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsMonterey Secondary College Frankston Primary School
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Monterey Secondary College
Frankston North, VIC, 3200 State 7-12 -
Frankston East Primary School
Frankston, VIC, 3199 State Prep-6 -
Kananook Primary School
Seaford, VIC, 3198 State Prep-6 -
Karingal Primary School
Frankston, VIC, 3199 State Prep-6 -
St Francis Xavier School
Frankston, VIC, 3199 Independent Prep-6 -
Frankston Primary School
Frankston, VIC, 3199 State Prep-6 -
Frankston High School
Frankston, VIC, 3199 State 7-12
Property Story
Unit 3, 16 Petrie Street, Frankston, Vic, 3199 is a residential property . The estimated distance to the sea is only 1.1km and 0.78KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz 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 Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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