22 Kurong Avenue, Frankston VIC 3199
22 Kurong Avenue, Frankston VIC 3199
1950s house | 595mΒ² lot | 3 beds 1 bath | Dual occ potential|3-bedroom house on a 595sqm block suits first-home buyers or investors eyeing family-friendly Frankston pockets with school proximity. This post-war home delivers compact 82sqm living on a rectangular lot that leaves room for extensions or dual occupancy, subject to council approval. Its low 14% site coverage underscores the underutilised land potential amid tighter zoning constraints nearby. Positioned in a convenient street setting, it aligns with the area’s mix of original homes drawing downsizers and young families who value walkable access to local schools like Frankston East Primary. Properties of this vintage and scale here tend to attract steady entry-level demand, trading briskly when renovated but holding firm as land banks otherwise. The generous lot size bolsters its edge over smaller blocks proliferating in the suburb, supporting longer-term value through redevelopment options. Reliable NBN and 5G coverage adds modern appeal without major upgrades needed. In a market favouring larger parcels, this one’s dimensions position it well for buyers planning to customise or subdivide down the track. Overall, its practical footprint ensures enduring interest from those prioritising land over luxury finishes.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Frankston is a major bayside centre offering beaches, retail, healthcare, and transport infrastructure. Housing demand is driven by families and investors seeking coastal living at relatively accessible price points compared with inner bayside suburbs. House prices have seen strong long-term growth, particularly as lifestyle buyers have moved toward the Mornington Peninsula corridor. The suburb also benefits from its role as a major regional hub.