2 Colin Avenue, Frankston VIC 3199
2 Colin Avenue, Frankston VIC 3199
4 bedrooms, 3 bathrooms, 3 lounge rooms, 3 parking spaces, 640m² land, built 1970. This is a single-storey house with a notably adaptable layout, positioned as a larger, more flexible configuration than typical stock in the area, which tends toward smaller homes or units. The three-lounge setup is a distinctive feature that supports genuine entertaining scale and family separation.
What is competitively strong is the rare combination of four bedrooms, three bathrooms, and three distinct lounge rooms on a standard 640m² lot, offering exceptional adaptability for a growing family. This configuration is uncommon in the suburb, where most homes offer single or open-plan living. The property is best suited to buyers seeking space and layout flexibility over a modern finish, as the 1970 build provides a solid foundation for personalisation. Its positioning as a larger, multi-lounge home gives it a clear edge over typical two- or three-bedroom stock, appealing to those who value internal separation and entertaining capacity.
The 1970 construction may influence ongoing maintenance expectations, particularly for systems like plumbing or electrical, though no specific issues are flagged. The parking count discrepancy between sources might reflect a practical limitation of the driveway space, which could affect households with multiple vehicles. The lack of detailed interior finishes means the property’s condition and upgrade potential should be assessed in person, as this may materially affect its value relative to newer or renovated homes in the area. Buyers should weigh the cost of any necessary updates against the benefit of the generous layout.
Detailed Independent Property Report prepared by PropCred Analyst team for 2 Colin Avenue, Frankston VIC 3199
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
2
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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
3
Parking
3
Land
640m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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