12 Sassafras Drive, Frankston VIC 3199
12 Sassafras Drive, Frankston VIC 3199
3 bed | 1 bath | 3 car | 562m² | detached house in Frankston
This is a mid-sized detached house on a generous suburban block, offering three bedrooms and three car spaces — a configuration that is increasingly uncommon in new developments and gives it a practical edge for families or those needing secure parking and storage. The 562m² lot provides room for outdoor living, potential for future expansion, or simply space that townhouses and apartments cannot match. It sits within Frankston’s established residential fabric, where detached housing stock remains the dominant form, and demand is consistently driven by owner-occupiers seeking suburban amenity and investors targeting stable family rental returns. The property is best suited to buyers who value land, privacy, and parking over modern finishes or a turnkey interior.
The single bathroom may limit appeal for larger households or those who prioritise convenience, and the absence of disclosed building age and finishes means condition and renovation needs are unknown — factors that could materially affect value. A buyer should weigh the cost of any necessary updates against the price guide, and consider that properties with three parking spaces on a block this size can attract a premium from those with multiple vehicles or a boat or caravan. The residential zoning and lack of reported nearby development activity suggest limited near-term change to the neighbourhood character, which may appeal to those seeking stability but offers no immediate uplift from infrastructure or rezoning.
Detailed Independent Property Report prepared by PropCred Analyst team for 12 Sassafras Drive, Frankston VIC 3199
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
1
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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
3
Land
562m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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