28 Plummer Avenue, Frankston South VIC 3199
28 Plummer Avenue, Frankston South VIC 3199
4 bed, 3 bath, 3 car on 624m² | 275m² of building, 1970 build | Bushfire overlay applies | FTTP and 5G ready | Family-oriented Frankston South
This is a genuinely substantial family house, not the typical older suburban stock you’ll find across much of Frankston South. With four bedrooms, three bathrooms, and three car spaces, it offers a level of accommodation that suits larger households or those wanting serious space without moving to a newer estate. The 275m² building footprint on a 624m² block gives it a solid, established presence, and the 1970 construction means it’s likely to have decent bones, though internal quality will need a physical inspection to confirm. It sits well for up-sizers and professional families who want a big house in a leafy, school-focused suburb, with Frankston High School catchment adding genuine appeal. The bushfire overlay is the one planning consideration that may shape future renovation or extension work, but for a buyer looking for a move-in-ready family home, this property’s configuration is a clear step above the standard three-bedroom offerings in the area.
The bushfire management planning control is the factor that might affect how you approach this property, both in terms of future development potential and insurance costs. It doesn’t necessarily cap value, but it does mean any major extension or rebuild could face additional scrutiny, so you’d want to factor that into your long-term plans. The lack of flood or heritage overlays is a positive, and the established 1970 build means the property is likely to have solid construction, though the condition of the kitchen, bathrooms, and overall finishes will be the real swing factor on price. The 3-car accommodation and three bathrooms are strong practical advantages that many comparable family homes in the area simply don’t offer, so these should hold value well.
|| Comparable Sales: 228 Frankston-Flinders Road sold $1.0M four years ago, similar size | Property Price Band: $1.2M–$1.3M | Value Drivers: condition and renovation level, land size and layout, bushfire overlay impact on future works
Detailed Independent Property Report prepared by PropCred Analyst team for 28 Plummer Avenue, Frankston South VIC 3199
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Frankston South, a family-oriented suburb with an owner-renter mix, records house medians around $1.2 million and units near $800,000. Annual growth is moderate for houses at 4.2–6.7%, but units outperform at 10.1–19.6%, reflecting diverse demand from families, owner-occupiers, and investors. Houses typically sell within 27–59 days, with annual volumes ranging 100–327, indicating variable supply. Rental yields remain low—roughly 3% for houses and 3.6–4.2% for units—while median weekly rents sit at $690–698 for houses and $505–575 for units. Demand is anchored by quality school catchments, proximity to transport and amenities, and stable suburban appeal. Future growth is supported by infrastructure and strong sales activity, but affordability constraints, interest-rate sensitivity, and supply fluctuations are key risks.
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PropCred Estimated Value
Comparable Sales: 228 Frankston-Flinders Road sold $1.0M four years ago, similar size | Property Price Band: $1.2M–$1.3M | Value Drivers: condition and renovation level, land size and layout, bushfire overlay impact on future works
Bedrooms
4
Bathroom
3
Parking
3
Land
624m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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