Back 3/32 Petrie St
Off Market

3/32 Petrie St

Frankston VIC 3199

2
1
1
Unit
Last sold for $570,000
John LewisJohn Lewis, last sold this property on 16 May 2025 after 37 days on market.

Overview

It's All About Convenience

Here is an exceptional opportunity to secure a generously proportioned two-bedroom unit in a fantastic location. This attractive unit, one of only three on the block, offers both privacy and convenience, making it ideal for first-time buyers, downsizers, or savvy investors. Currently leased by a long-term tenant on a month-to-month basis for $440.00 per week Property Highlights: Two Large Bedrooms: Both bedrooms feature built-in robes, providing ample storage space and comfortable living. Functional Layout: A spacious, well-appointed kitchen with a generous meals area is perfect for family gatherings, while the separate lounge room offers plenty of space to relax or entertain guests. Comfort Year-Round: Enjoy the convenience of split system heating and cooling, ensuring your comfort throughout the seasons. Extra Convenience: A separate laundry and single garage enhance everyday practicality, offering extra space not usually found in a unit. Impressive Outdoor Area: Step outside to discover a larger-than-average yard for a unit, ideal for gardening, outdoor dining, or simply enjoying a sunny afternoon. Self-Managed Body Corporate: Benefit from the independence and lower fees that come with a self-managed body corporate arrangement. Location Perfection: Ideally positioned, you'll enjoy a short walk to everything Frankston has to offer: Frankston Train Station and CBD Beautiful Frankston Beach Chisholm Institute Vibrant Beach Street Shops and Cafés This remarkable unit combines a central location with practical, comfortable living, representing excellent value in today’s market. Don't miss this fantastic opportunity to secure your future in thriving Frankston. Arrange an inspection today

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
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 3/32 Petrie St 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 3/32 Petrie St

2025
Sold
$570,000
16 May 2025 by John Lewis, of Us Real Estate
2019
Rented
Undisclosed
Leased on 29 Aug 2019 by Us Real Estate
2019
Sold
$410,000
Private Sale/Treaty on 29 Mar 2019 by John Lewis, of Us Real Estate

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, 141 two-bedroom units similar to 3/32 Petrie St, have been sold.

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

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