1/3 Wallace Avenue, Frankston, VIC 3199 | House for rent | OnTheHouse
FOR RENT
$590 per week

1/3 Wallace Avenue
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Available From
Monday 4 May 2026| Bond $2,564
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Stylish & Spacious Living in the Frankston High School Zone

Flaunting elegant lines, contemporary design and an entertainer's layout, this stunning three-bedroom unit offers the perfect blend of comfort and lifestyle. Ideally positioned within the sought-after Frankston High School zone and just moments from Frankston City Centre, this beautifully presented home delivers convenience, space and modern living at its finest.
Filled with natural light and finished in chic neutral tones, the home features a spacious lounge ideal for relaxing evenings, complemented by a plush master bedroom complete with walk-in robe and private ensuite. A separate accommodation zone provides privacy for family or guests, serviced by a full central bathroom.
At the heart of the home, the stylish chef's kitchen impresses with a large island bench, quality stainless steel appliances and seamless flow into the open-plan dining area. Sliding glass doors open out to a generous alfresco deck, creating a true entertainer's haven and an effortless indoor-outdoor lifestyle.
Key Features:
Three spacious bedrooms, including master with walk-in robe & ensuite
Light-filled open-plan living and dining area
Designer kitchen with island bench & stainless-steel appliances
Alfresco deck - perfect for entertaining
Family bathroom plus ensuite for added convenience
Two split-system heating & cooling units
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Property Details for 1/3 Wallace Ave, Frankston

1/3 Wallace Ave, Frankston is a 3 bedroom, 2 bathroom House with 2 parking spaces. The place is currently for rent with Ray White Frankston.

Building Type
House
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About Frankston 3199

The size of Frankston is approximately 19.8 square kilometres. It has 72 parks covering nearly 21.2% of total area. The population of Frankston in 2016 was 36097 people. By 2021 the population was 37331 showing a population growth of 3.4% in the area during that time. The predominant age group in Frankston is 30-39 years. Households in Frankston are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Frankston work in a professional occupation.In 2021, 58.30% of the homes in Frankston were owner-occupied compared with 56.80% in 2016.

Frankston has 21,735 properties. Over the last 5 years, Houses in Frankston have seen a 28.17% increase in median value, while Units have seen a 31.91% increase. As at 31 March 2026:

  • The median value for Houses in Frankston is $868,576 while the median value for Units is $592,456.
  • Houses have a median rent of $580 while Units have a median rent of $490.
There are currently 114 properties listed for sale, and 60 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1176 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

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Ray White Leasing
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Hayley Weston
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Ray White Frankston
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.