18 Kensington Avenue, Frankston South VIC 3199

3-bed family home | 621m² corner lot | Frankston South school zone | strong rental yield This property offers a rare combination of size and location for a family buyer. The 274m² floorplan on a 621m² lot is generous for the area, and the three-car accommodation is a practical edge most competitors lack. Zoning for Kingsley Park Primary and Mount Erin Secondary gives it a clear advantage for families with school-aged children, while the 5G and NBN infrastructure supports remote work without being a headline feature. The rental yield of 3.5-3.6% is solid for a house, making it viable for an investor-occupier hybrid strategy. The property suits a buyer who values space, schools, and long-term holding over quick cosmetic gains. The bushfire overlay is the primary risk, though it’s detected rather than high-risk, so insurance premiums will be slightly elevated but not prohibitive. The 2009 and 2015 sales history shows steady capital growth, but the current asking range is near the top of automated estimates, so there is limited immediate upside without renovation. The corner lot could be subdivided in future, but zoning and overlay restrictions make this uncertain without further checks. Hold this property for at least five years to capture school-zone demand and let the market absorb the current price level.