23 Bruarong Cres, Frankston South VIC 3199

23 Bruarong Cres, Frankston South VIC 3199
23 Bruarong Cres, Frankston South is a 4-bedroom house on a 923 m² allotment with 2 bathrooms and 6 car spaces. The property was listed for sale on 18 June 2026 as a house in Frankston South. Large near-1000m² block | coastal valley outlook | renovated premium finishes | dual occupancy potential | premium Oliver’s Hill enclave This property offers a rare combination of scale and finish in a sought-after coastal pocket. The 923m² allotment is significantly larger than typical stock in the street, and the comprehensive renovation with lime-washed Tasmanian Oak flooring, designer bathroom with solar-powered skylight, and Scandinavian-inspired fittings means the house is move-in ready while still offering scope for a future pool. The northern orientation of the primary suite and the leafy valley and coastline outlook add genuine lifestyle appeal. This property serves best a buyer who wants premium finishes now but also values the optionality of future redevelopment—whether a second dwelling at the rear or dual occupancy subject to approval. The six-car parking capacity broadens the buyer pool to include those with boats or multiple vehicles. The land size and redevelopment potential may be the strongest value drivers here, but planning approval risk should be weighed carefully. The property’s price may reflect both the renovated house and the land’s upside, meaning a buyer paying purely for the finishes might find limited immediate return. The absence of recent comparable sales in the immediate vicinity makes price benchmarking less straightforward. The older bones beneath the renovation may require attention over time, though new plumbing and electrical reduce that concern. A buyer should form their view based on what the land could become, not just what the house is today.
Detailed Independent Property Report prepared  by PropCred Analyst team for 23 Bruarong Cres, Frankston South VIC 3199
Checks found:
Value Risk ! 1
Liquidity Risk
Planning Risk ! 1
Income Risk ! 1
Execution Risk
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Insight: Frankston South VIC 3199

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

4

Bathroom

2

Parking

6

Land

923m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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