News

Beach and creekside home draws top result

A BEACHSIDE home with century-old origins has fetched a street price record in an exclusive Frankston pocket despite a lacklustre auction. The 11 Palm Court property in the Long Island precinct is one of the area’s original homes dating to 1910-1915 and has new owners who paid $1.4 million. The updated three-bedroom home with beach and creek views had a price guide of $1.33-$1.45 million ahead of its November 3 auction.

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Carrum Downs megablock smashes price record

The two properties sold as part of the deal at 17 and 18 Pagett Road are set to be turned into 185 townhouses after being purchased by developer the Sunland Group.

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Buyers drawn to Mornington Peninsula medical-related assets

An Auction saw an investor from China buy 6 Overton Road, Frankston for $1.4 million or $450,000 above reserve. Frankston was becoming the medical hub in the peninsula, Mr Peluso noted.

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