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1/29 Burns Street, Frankston$490,000
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1/29 Burns Street

Frankston, VIC 3199, Australia
$490,000
2 bed 1 bath 1 car126 m²

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About this property

Peacefully positioned between the Memorial Park and Bay Trail Linear Reserve on a quiet no-through road in the Frankston High School zone, this charming unit offers ample street appeal at the front of the block. Beautifully renovated throughout, allowing buyers to move straight in and enjoy, this is a fantastic investment opportunity that would also appeal to 1st home buyers, small families, young professionals, or downsizers. Set in pretty, easy-care gardens with rear carport, the home has been freshly painted inside and out, while the interiors also feature new curtains, carpets, and laminate flooring. Boasting ducted heating/cooling, the home comprises a spacious lounge/dining room alongside an updated kitchen with a new electric oven/cooktop and ample storage, and the adjacent laundry provides access to a private rear courtyard with drying area. The home is completed by 2 sizeable bedrooms which both have built-in robes, and these are serviced by an updated bathroom with shower, vanity and toilet. This great location is in walking distance to Frankston Primary and High School, as well as the beach, CBD, train station, PARC, Peninsula University hospital and other local amenities, plus easy access to arterial roads and freeways. Disclaimer: Whilst every care has been taken to ensure the accuracy of the information provided, interested parties should rely on their own enquiries and due diligence. The agent and vendor accept no responsibility for any errors, omissions, or inaccuracies.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
126 m²
Listed
3 months ago

Repayment calculator

$2,375/month
$1,188 /fortnight
Loan $392,000 at 6.10% over 30 years

Upfront costs

Deposit$98,000
Stamp duty$24,470
Conveyancing (est.)$2,000
Total upfront$124,470
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Frankston

This 2-bedroom apartment in Frankston, VIC 3199 sits within reach of public transport, local shops and nearby schools. It is listed 40% below the $815,000 median of 56 comparable apartmentswithin 5 km.

Schools near Frankston

  • Frankston Special Developmental Schoolcombined · U · CoEd
  • Ballam Park Primary Schoolprimary · Prep-6 · CoEd
  • Frankston East Primary Schoolprimary · Prep-6 · CoEd
  • Frankston Heights Primary Schoolprimary · Prep-6 · CoEd
  • Frankston Primary Schoolprimary · Prep-6 · CoEd
  • Karingal Heights Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Frankston Station, platform 2 (train)941 m away
  • Tyrepower898 m away
  • Beauty Park840 m away
  • Unnamed1.0 km away
  • Victoria Park1.0 km away

Frankston at a glance

Full suburb profile
Population
37,331
Median age
39
Household income
$1,387/wk
Median rent
$342/wk
Median mortgage
$1,733/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Frankston price trend

Median sold · Unit 2 bed

Compound growth +3.9% / yr over 4 yrs

$575kcurrent median

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