Back 2/5 Waterman Place
Off Market

2/5 Waterman Place

Frankston VIC 3199

2
1
Unit
Last sold for $343,000
Daniel CondonDaniel Condon, last sold this property on 07 June 2017 after 1445 days on market.

Overview

Sweet simplicity & absolute convenience

Offering a life of simplicity and absolute convenience, just a stone’s throw to the beating heart of Frankston city centre and within Frankston High zone, this very tidy two-bedroom apartment presents the most affordable of opportunities for first-time property purchasers or those seeking an easy addition to their investment portfolio. Just walking distance to everything this thriving beachside suburb has to offer, with its endless shopping and choice of restaurants, sandy foreshore, George Pentland Botanical Gardens, bowls club, tennis club, Beauty Park duck lake, Frankston Hospital and Monash University, it’s easy to see why this prime locale is in constant demand. Set on a quiet court, the residence is very well presented with fresh tones, timber floors, a spacious living and dining area, a tiled kitchen with gas stove, stainless steel rangehood and a door from the kitchen to a courtyard that leads out to your carport facing George St. Both bedrooms include built-in robes, including the four-metre master bedroom, while the bright bathroom offers the convenience of a laundry hook-up and separate toilet. Complete with split-system heating and airconditioning and a communal yard with clotheslines, this fuss-free home in a tidy complex of four units is set to be snapped up in the blink of an eye. Should you require any further assistance, please call Daniel Condon on 0438 866 486 or Trent Harrison on 0434 430 785. Please note photo ID is required at all inspections.

Features

2 bedrooms
1 bathroom
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Frankston over the last 12 months, the estimated median property value of 2/5 Waterman Place is $570k.

Median value
$570k
Estimated value range
$215k - $830k
Median days on market
25
Estimated value trend
12%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Frankston. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2/5 Waterman Place

2026
Rented
Undisclosed
Leased on 12 Jan 2026 by Ray White Frankston
2025
Rented
Undisclosed
Leased on 17 Mar 2025 by Ray White Frankston
2022
Rented
Undisclosed
Leased on 26 Jul 2022 by BigginScott Seaford

Happy sellers in Frankston

91%
91% of sellers in Frankston reported that their sale price either exceeded or met their price expectations.

Frankston stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 218 reviews in Frankston over the last 12 months.

Local market activity for 2 bedroom units in Frankston

In the last 12 months, 143 two-bedroom units similar to 2/5 Waterman Place, have been sold.

This represents a 9% increase in two-bedroom units sales when compared to the previous 12 months.

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