7A The Range, Frankston South VIC 3199
7A The Range, Frankston South VIC 3199
Elevated bay-view family house | 5-6 bedrooms, 3 bathrooms, pool | Zoned for top schools | Multi-level layout with three living areas | Quiet hilltop position.
This property presents a rare configuration advantage in Frankston South: a multi-level family house on a 738m² lot with 51% site coverage, offering substantial internal space across three living zones and bay views. The combination of five bedrooms, a study, three bathrooms, and a pool positions it as a strong contender for families seeking long-term accommodation without immediate renovation needs. The zoning for Overport Primary and Frankston High School adds structural demand, while the absence of bushfire, flood, or heritage overlays reduces buyer friction. The elevated position on a quiet street with thickening greenery reinforces its appeal to discerning family buyers who prioritise space and outlook over land area.
The primary risk is the 1970 build age, which may introduce deferred maintenance costs for systems and finishes, though solar panels mitigate some energy expense. The 27% appreciation since 2020 suggests the market has already priced in location premiums, leaving limited short-term arbitrage. However, the rental yield estimate of $915 per week provides a credible holding cost buffer if purchase is delayed. For a buyer, the commercial logic is straightforward: secure a rare multi-level family house with bay views in a top school zone, hold for medium-term family use, and benefit from ongoing demand for this specific configuration in a constrained supply area.
Detailed Independent Property Report prepared by PropCred Analyst team for 7A The Range, Frankston South VIC 3199
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Frankston South is a family-oriented suburb attracting both owner-occupiers and investors, underpinned by quality schools and established infrastructure. Demand is robust, evidenced by strong sales activity and quick selling times, driving solid capital growth for houses and notably stronger growth for units. Future appeal is anchored in its suburban lifestyle and rental stability, though higher price points present an affordability constraint and the market remains sensitive to broader economic shifts.
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PropCred Estimated Value
Bedrooms
5
Bathroom
3
Parking
3
Land
738m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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