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2/2 Mereweather Ave, Frankston$490,000
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For Saleapartment

2/2 Mereweather Ave

Frankston, VIC 3199, Australia
$470,000 – $510,000
2 bed 1 bath 1 car

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About this property

Your opportunity to secure a solid unit is what can certainly be considered a convenient location being only a few minute's walk to both Frankston CBD including retail shopping, dining and entertainment. Strong rental demand and fantastic growth in one of Victoria's in demand coastal location. The property is neat and tidy throughout, with open plan L-Shaped meals living area with gas wall furnace for comfort during the colder Melbourne months. A large spacious laundry which leads out into the low maintenance courtyard. Two large bedrooms both with built in robes and let in a huge amount of natural light. Modern U-Shaped kitchen with in-wall oven and gas cooktop. Open car space on title for your parking requirements. The new Frankston Hospital, rail access via Frankston railway station & quick and convenient access to major arterials including Eastlink, Peninsula Link, Nepean Highway and Mordialloc Bypass. You're at the entrance to the stunning Mornington Peninsula coastline, further strengthen this properties lifestyle and investment opportunity.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Listed
1 month 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 32% below the $725,000 median of 71 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

  • Mereweather Avenue/Nepean Highway (bus)94 m away
  • Easy joy223 m away
  • Ebdale Street Reserve201 m away
  • Kananook Creek Bushland Reserve310 m away
  • OGrady Avenue Reserve310 m 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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Price history

Price history

Listing price changes

1 price change recorded for this property

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