Property Auction Result

G5/5 Culcairn Dr, Frankston South VIC 3199

unit 1

G5/5 Culcairn Dr, Frankston South VIC 3199

Sold `$297,000` on 22 Apr 2023

Distance To CBD: 42.1 km
Measure Land Size
Agency: Agents'Agency Network Partners
Nearby Sold Price

Sold

Stamp Duty

^$13,860

*based on property value $297,000 for investment

Mortgage registration fee ^$108

Transfer fee ^$862

Stamp duty on property ^$12,890

Monthly Repayment

^$ 1,275

*based on loan amount $237,600 for principal and interest

Total interest payable ^$221,576

Loan Term 30 years

Annual Interest Rate 5.00%

Comparable Sold Properties

Address	Type					Sold Price
67/2-4 Robinsons Road Frankston South 3199	unit	1	1	1	May 2022	`$175,000`
1/2A Bruarong Crescent Frankston South 3199	unit	1	1	2	May 2019	`$302,500`
4/1-3 The Ridge Frankston South 3199	unit	1	1	1	Sep 2018	`$320,000`
3/32 Jasper Terrace Frankston South 3199	unit	1	1	1	Jul 2018	`$301,000`
L1 - 05/5 Culcairn Drive Frankston South 3199	unit	1	1	1	Dec 2017	`$270,000`
Unit 6/6 Nolan Street Frankston South 3199	unit	1	1	1	Aug 2016	`$235,000`
4/63-65 Yuille Street Frankston South 3199	unit	1	1	1	Nov 2014	`$261,000`
4/1-3 The Ridge Frankston South 3199	unit	1	1	1	Nov 2013	`$200,000`

Comparable Rent Properties

Address	Type					Rent Price
4/1 Nolan Street Frankston South 3199	unit	1	1	1	Mar 2024	`$280` p/w
11a Baden Close Frankston South 3199	unit	1	1	1	Jun 2023	`$350` p/w
2/2a Bruarong Crescent Frankston South 3199	unit	1	1	1	Dec 2022	`$330` p/w
2/43 Kars Street Frankston South 3199	unit	1	1	2	Aug 2022	`$340` p/w
2/43 Kars Street Frankston South 3199	unit	1	1	2	Aug 2022	`$280` p/w
3/1 Nolan Street Frankston South 3199	unit	1	1	1	Apr 2022	`$270` p/w
1/43 Frome Avenue Frankston South 3199	unit	1	1	0	Apr 2022	`$265` p/w
4/1 Nolan Street Frankston South 3199	unit	1	1	1	Feb 2021	`$260` p/w

Auction History - Frankston South, VIC 3199

2024 April

Address	Price	Result*	Type		Agent
6 Picnic St	`$1,030,000`	S	House	4	Merchan Re
65 Sycamore Rd	`N/A`	SP	House	4	Ray White
19 Sanders Rd	`N/A`	PI	House	6	Fosterfrol
45 Genista St	`N/A`	S	House	3	Merchan Re

2024 March

Address	Price	Result*	Type		Agent
265A Humphries Rd	`$2,605,000`	SP	House	7	Marshall W
20 Grosvenor St	`$1,355,000`	S	House	4	Ray White
51 Overport Rd	`N/A`	PI	House	4	OBrien Rea
39 Violet St	`N/A`	PI	House	4	Ray White

Where Melbourne's immigrants were born

Frankston South, VIC 3199 (`41.70 km` to CBD)

Median House Price

$1,224,250

Median Unit Price

$755,000

Surrounding Suburbs

Nearby Train Stations

1.61 km Leawarra Station
2.75 km Frankston Station
3.57 km Baxter Station

Nearby Schools

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