18 Kalmia Street, Frankston VIC 3199

18 Kalmia Street, Frankston VIC 3199
Four bedrooms, one bathroom, two car spaces. Land size 1,106 square metres. Study room and separate meals area. Mid-century brick construction with reconfiguration potential. A land allotment of this size is rarely found in this neighbourhood, providing rare scope for expansion or reconfiguration. The mid-century brick structure is sound, and the existing layout offers a flexible starting point for modernisation. This house is best suited for buyers who prioritise land size and the ability to personalise their home over a turn-key finish. Its location in a highly regarded, family-focused pocket with access to quality schools and amenities reinforces its appeal. The property is positioned as a value-add opportunity in a sought-after suburb, catering to both families aiming to reconfigure and investors seeking development potential. The single bathroom configuration may limit the property’s appeal compared to homes with additional facilities, and the need for reconfiguration might be weighed against the investment required. The substantial land size might be viewed as a distinct advantage but could also imply higher ongoing maintenance. How these factors align with buyer priorities in the current market may materially influence the final sale price.
Detailed Independent Property Report prepared  by PropCred Analyst team for 18 Kalmia Street, Frankston VIC 3199
Checks found:
Value Risk ! 1
Liquidity Risk ✓
Planning Risk ! 1
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

4

Bathroom

1

Parking

2

Land

1106m²

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