13 Coogee Avenue, Frankston VIC 3199
13 Coogee Avenue, Frankston VIC 3199
This is a single-storey house from 1955 on a substantial 846-square-metre block with 161 square metres of internal space. It offers three bedrooms, one bathroom, and a single open car space. The property sits within the Frankston Heights Primary and Frankston High School zones and carries no bushfire, flood, or heritage overlays.
What sets this property apart is the land. At 846 square metres it is generous by any measure and sits above the typical lot sizes found in this part of Frankston. That dimension alone gives it a rare degree of flexibility for a buyer who sees value in space or potential for future extension. The house itself is a straightforward mid-century build which means it has solid bones but will likely need updating in key areas like the bathroom and services. Because the bathroom and car space are below what many renovated homes in the street now offer, this property will appeal most strongly to buyers who are prepared to invest some sweat equity or who value land over finished presentation. The school catchment and quiet residential character reinforce its suitability for a family or a renovator looking to create something tailored.
The single bathroom and single car space may limit competition from buyers who want a move-in-ready home with modern conveniences. That could keep price pressure moderate. At the same time the building’s age means systems like plumbing and electrical may require attention soon, something a buyer should factor into their overall budget. The land however is the real variable. If the zoning or council attitude permits a thoughtful extension or a second dwelling in the future, that could unlock considerable value. Without confirmed development potential, the price should be weighed against what a renovated comparable with two bathrooms and two car spaces would command in the same street.
Detailed Independent Property Report prepared by PropCred Analyst team for 13 Coogee Avenue, Frankston VIC 3199
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
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Market Insight
Frankston presents a compelling coastal lifestyle proposition, anchored by its popular beachfront and major retail hub. Demand is robust, evidenced by rapid sales and low days on market, suggesting strong competition among buyers. Recent price growth has been significant, particularly for houses, reflecting a tightly held market. Future momentum is supported by these lifestyle amenities and consistent transactional activity, though the pace of growth may face constraints from broader economic sensitivities.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
846m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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