1 Olympic Avenue, Frankston, VIC 3199 | House for rent | OnTheHouse
FOR RENT
$640 pw

1 Olympic Avenue
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 123m2
Land area: 604m2
Available From
Friday 5 June 2026| Bond $2,781
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Light-Filled Family Living on a Generous Allotment

Positioned on a generous allotment in a sought-after Frankston location, this beautifully presented three-bedroom home offers the perfect combination of comfort, space, and convenience.
Filled with natural light throughout, the home features a spacious open-plan kitchen and dining area complete with modern cabinetry, quality appliances, and ample bench space, flowing seamlessly into the inviting living area. Polished timber floors and large windows create a warm and welcoming atmosphere, while a brand new split system heating and cooling unit ensures year-round comfort.
Accommodation includes three well-sized bedrooms, with the spacious main bedroom featuring a walk-in robe and private ensuite. The remaining bedrooms are serviced by a central bathroom and separate toilet.
Outside, the generous backyard provides plenty of space for families, entertaining, or simply enjoying the outdoors, while a long driveway leads through to a large double garage/shed offering excellent storage, workspace, or additional parking.
Additional features include:
- Brand new split system heating and cooling to the living area
- Three spacious bedrooms
- Main bedroom with walk-in robe and ensuite
- Polished timber flooring throughout
- Open-plan kitchen and dining area
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Property Details for 1 Olympic Ave, Frankston

1 Olympic Ave, Frankston is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 604m2 and floor size of 123m2. The place is currently for rent with OBrien Real Estate Frankston.

Building Type
House
Floor Size
123m2
Land Size
604m2
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About Frankston 3199

The size of Frankston is approximately 19.8 square kilometres. There are 72 parks, covering nearly 21.2% of the 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 21,675 properties. Over the last 5 years, Houses in Frankston have seen a 24.64% increase in median value, while Units have seen a 29.97% increase. As at 30 April 2026:

  • The median value for Houses in Frankston is $867,535 while the median value for Units is $593,226.
  • Houses have a median rent of $590 while Units have a median rent of $490.
There are currently 139 properties listed for sale, and 72 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1152 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

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Sophia Magree
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Ellie Matongo
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OBrien Real Estate Frankston
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Cotality Copyright and Legal Disclaimers about Property Data
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.