1 Heath AvenueFrankston VIC 3199
Property Details for 1 Heath Ave, Frankston
1 Heath Ave, Frankston is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 841m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 3 bedroom House sold in Frankston in the last 12 months.
Last Listing description (February 2026)
Offering an immense 841 sq. metre (approx.) landholding with exceptional long-term potential in Frankston's prized Golden Triangle and within the coveted Frankston High School zone, this original weatherboard residence delivers an opportunity that's highly sought yet seldom found. An immediately comfortable setting inspires as it opens the door to renovation, extension, or redevelopment (STCA), showcasing a goldmine for the adventurous in one of the area's most tightly held pockets.
Its classic weatherboard facade opens to hardwood floors and a traditional separation of space, relishing separate lounge and dining areas with split-system comfort and ducted heating, a laminate kitchen with a modern gas cooker, three sizeable bedrooms around a central bathroom, and a separate toilet and laundry attached to the breezeway at the rear.
The expansive grounds, however, are the property's greatest attraction, mostly level and stretching deep across its huge 841 sq. metre (approx.) block, ready to support a large-scale extension, a multi-site development opportunity, or a dream home build that's central to everything you'll ever need (STCA).
Just a short walk from Frankston's CBD, train station, and beautiful shoreline, you're surrounded with near-immediacy by PARC, Frankston Power Centre, Monash University, public and private hospitals, cafes, buses, parklands, and shops. It's a Golden Triangle address combined with zoning for Frankston High School delivers the full suite of coastal-urban convenience; a huge upside to its future capital potential.
Scale, position and possibility. Act fast!
Property History for 1 Heath Ave, Frankston, VIC 3199
- 31 Jan 2026Sold
- 05 Jan 2026Listed for Sale $795,000
- 05 Jan 2021Listed for Rent $310 / week
Recent sales nearby
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0About 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 21,757 properties. Over the last 5 years, Houses in Frankston have seen a 37.92% increase in median value, while Units have seen a 37.00% increase. As at 31 January 2026:
- The median value for Houses in Frankston is $874,464 while the median value for Units is $593,610.
- Houses have a median rent of $580 while Units have a median rent of $490.
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