Back 7 Terang Place
Off Market

7 Terang Place

Frankston VIC 3199

3
2
2
781 m²
House
Last sold for $745,000
Thomas LarkinThomas Larkin, last sold this property on 30 May 2024 after 7 days on market.

Overview

Ideal Family Home or Investment Opportunity in Peaceful Court Setting

Sale by SET DATE ® Tuesday, June 18 at 5pm (unless sold prior) Deposit: 5/10% Settlement: 60 days Land: 781m2 Rental appriasal: $530 - $580 P/W (approx) Discover the perfect blend of comfort and convenience in this beautifully updated home located in a peaceful court at Terang Place, Frankston. Set on a generous 781m² (approx) allotment, this property is ideal for families, investors, and those with future development aspirations (STCA). This spacious home features three bedrooms, offering ample space for relaxation and privacy, along with two bathrooms. With two living areas, there is plenty of room for entertaining guests or enjoying quality family time. Recent updates, including freshly installed carpets, new paint, and blinds, ensure a contemporary feel throughout the home. One of the standout features of this property is its development potential. You can retain the existing house and explore the possibility of building at the rear, subject to council approval. Enjoy the convenience of being just a short drive away from Karingal Hub Shopping Centre, Karingal Heights Primary School, Peninsula Kingswood Golf Club, McClelland College, Frankston Beach and Bayside Shopping Centre. Additionally, the Frankston CBD, Frankston Train Station, Monash University, and both Frankston Public and Private Hospitals are easily accessible. This home offers an exceptional lifestyle opportunity in a sought-after location. Whether you're looking for a family residence, a solid investment, or potential for future development, this property has it all.

Features

3 bedrooms
2 bathrooms
2 carspaces
781 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Frankston over the last 12 months, the estimated median property value of 7 Terang Place is $845k.

Median value
$845k
Estimated value range
$390k - $1.69m
Median days on market
23
Estimated value trend
13%
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 Terang Place

2024
Rented
Undisclosed
Leased on 29 Aug 2024 by Barry Plant Frankston
2024
Sold
$745,000
Private Sale/Treaty on 30 May 2024 by Thomas Larkin, of Barry Plant Frankston
2014
Sold
Undisclosed
Private Sale (EOI) on 12 Jul 2014 by Francis Walker, of Merchan Realty Group

Happy sellers in Frankston

90%
90% 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 184 reviews in Frankston over the last 12 months.

Local market activity for 3 bedroom houses in Frankston

In the last 12 months, 349 three-bedroom houses similar to 7 Terang Place, have been sold.

This represents a 21% increase in three-bedroom houses sales when compared to the previous 12 months.

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