29 Swift Street, Frankston VIC 3199
29 Swift Street, Frankston VIC 3199
Compact infill pocket | walkable to station and bay | mixed house-townhouse stock | low-maintenance options | close-in convenience
The property at 29 Swift Street sits within a pocket of Frankston that has moved noticeably toward modern infill living, where contemporary townhouses and established houses share the same street. This mix gives the property a practical edge: it offers the convenience of a central location—close to the station, shopping, beach, and freeway—while remaining in a genuinely residential setting. For a buyer wanting low-maintenance living without sacrificing access, this type of property works well. The newer builds in the immediate area show a level of finish that lifts the street’s overall character, and the presence of both compact units and larger houses means the street appeals to a wide range of buyers, from first-timers and downsizers to investors. It is best suited to someone who values location and ease over expansive land, and who wants a property that fits a more contemporary, lock-and-leave lifestyle.
The value of this property may be shaped by its exact configuration and condition, which are not fully clear from the available information. If it is a standalone house on a typical block, land size could carry significant weight; if it is a townhouse, the quality of finishes and the absence of body corporate fees might matter more. The street’s recent pattern of higher-spec builds suggests that presentation and modern features could influence how the property is received in the market. Buyers should weigh whether the property offers the same level of contemporary finish seen nearby, or whether it represents an older dwelling with redevelopment potential. The balance between land content and built form will likely be the main factor in how the price is viewed.
Detailed Independent Property Report prepared by PropCred Analyst team for 29 Swift Street, Frankston VIC 3199
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Frankston, 40km south-east of Melbourne’s CBD, is a bayside centre anchored by the Bayside Shopping Centre and a heavily visited beachfront. Demand is strong, with houses selling in a median 15 days and units in 22, supported by 676 house and 463 unit sales in the past year. House prices have risen sharply, with medians between $825,000 and $838,000 and annual growth of 11.5–14.8%; units sit at $565,000–$577,500, growing 6.2–6.9%. Weekly rents are $580–$590 for houses and $480–$490 for units, producing gross yields of 3.7% for houses and 4.5–4.6% for units. The retail and beach infrastructure, alongside the sub-$600,000 unit entry point, underpins future demand.
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PropCred Estimated Value
Comparable Sales: 2/13 Swift Street sold at $724,000 in Dec 2024; 15 Swift Street sold at auction in May 2026 | Property Price Band: $700,000–$800,000 | Value Drivers: configuration, build quality, proximity to station and bay
Bedrooms
3
Bathroom
1
Parking
6
Land
770m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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