35 Highview Road, Frankston VIC 3199
35 Highview Road, Frankston VIC 3199
Detached family house | Frankston High School zone | Established suburban pocket | Commuter and beach access | Mixed housing nearby
This property sits in a genuinely practical location for family buyers. The Frankston High School catchment is the strongest single factor here, and it tends to hold demand across market cycles because it combines school access with more attainable pricing than premium Frankston South stock. The house itself is likely a ground-level, low-density family home, which suits first-home buyers stepping up or young families wanting a solid suburban base without paying a prestige premium. The area feels established rather than flashy, and that is exactly what many buyers want — a commuter-friendly, school-zoned property with beach and peninsula lifestyle within reach.
The value picture may be shaped by how the house compares to nearby stock in condition and layout. A well-presented three or four bedroom home on a standard block will sit comfortably in the local market, but if the interior is dated or the land is smaller than typical, that may narrow buyer interest. School zone boundaries can also be sensitive to exact street positioning, so confirming the catchment before committing is worth doing. The mix of units and houses nearby means pricing will likely be influenced by how clearly this property reads as a family home rather than an investment-style holding.
|| Comparable Sales: 4 Summit Rd sold $330k in 2008; 4 Palmerston Cres valued $1.32M | Property Price Band: $700K–$800K | Value Drivers: school zone status, land size, interior condition
Detailed Independent Property Report prepared by PropCred Analyst team for 35 Highview Road, Frankston VIC 3199
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
Frankston, 40km south-east of Melbourne’s CBD, is a bayside centre anchored by the Bayside Shopping Centre and a heavily visited beachfront. Demand is strong, with houses selling in a median 15 days and units in 22, supported by 676 house and 463 unit sales in the past year. House prices have risen sharply, with medians between $825,000 and $838,000 and annual growth of 11.5–14.8%; units sit at $565,000–$577,500, growing 6.2–6.9%. Weekly rents are $580–$590 for houses and $480–$490 for units, producing gross yields of 3.7% for houses and 4.5–4.6% for units. The retail and beach infrastructure, alongside the sub-$600,000 unit entry point, underpins future demand.
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PropCred Estimated Value
Comparable Sales: 4 Summit Rd sold $330k in 2008; 4 Palmerston Cres valued $1.32M | Property Price Band: $700K–$800K | Value Drivers: school zone status, land size, interior condition
Bedrooms
3
Bathroom
1
Parking
1
Land
857m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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