61 Frank Street, Frankston VIC 3199
61 Frank Street, Frankston VIC 3199
Solid double brick | mid-century character | two living zones | 536sqm block | single bathroom limitation
This property offers a rare combination of solid 1970s construction with vaulted timber ceilings and a practical family layout on a generous 536sqm block, placing it in a strong position for buyers seeking character without structural compromise. The two separate living areas and double brick build provide genuine functional advantage over many nearby homes, while the absence of bushfire, flood, or heritage overlays removes common acquisition risks. It is best suited to families or renovators who value space and structural integrity over cosmetic finish, and who recognise that the single bathroom configuration is the primary factor keeping the price below comparable sales.
The single bathroom and original condition present the most material risk, as they may limit appeal to owner-occupiers seeking turnkey living and could extend holding time. However, this same limitation creates the buying opportunity: the property is priced below mid-$800k comparables specifically because of this configuration, and a well-planned bathroom addition or renovation would likely align the value with the higher end of the local market. The 42% building coverage also leaves scope for future extension or landscaping, making this a sound entry point for buyers prepared to invest in selective upgrades.
Detailed Independent Property Report prepared by PropCred Analyst team for 61 Frank Street, Frankston VIC 3199
Frankston VIC 3199
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.
PropCred Estimated Value
Bedrooms
4
Bathroom
1
Parking
2
Land
536m²
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