Back 7/8 Reservoir Road
Off Market

7/8 Reservoir Road

Frankston VIC 3199

2
1
1
Unit
Last sold for $307,000
Brett SticklandBrett Stickland, last sold this property on 22 February 2016 after 12 days on market.

Overview

OVER 55's New complex

Located with in walking distance to Jubilee Park, Leawarra Station and Power Centre Shops at the rear of the new complex with well kept gardens. 2 bedrooms, spacious kitchen and light filled living area with a large under cover court yard area for entertaining. Plus a single lock up garage this an ideal opportunity for people looking at downsizing or for savvy investors.

Features

2 bedrooms
1 bathroom
1 carspace
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 7/8 Reservoir Road 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 7/8 Reservoir Road

2016
Sold
$307,000
22 Feb 2016 by Brett Stickland, of fosterfroling 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, 143 two-bedroom units similar to 7/8 Reservoir Road, have been sold.

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

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