11 Kalmia Street, Frankston, VIC 3199 | House for sale | OnTheHouse
 
FOR SALE
$900,000 - $990,000 - Offers Close 22nd Oct

11 Kalmia Street
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 1214m2
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Prime 1214sqm Development Site (S.T.C.A.)

Set on an expansive 1214sqm allotment in a highly desirable pocket of Frankston, this brick, mid-century home presents the perfect opportunity for savvy investors and developers (S.T.C.A.).
The residence features three generous bedrooms (two with built-in robes), a central bathroom, and Tasmanian oak hardwood floors. A double carport provides ample parking, and the property is currently occupied by a long-term tenant who would love to stay on, offering immediate rental income and security from day one.
Positioned within walking distance to shops, public transport, and quality schools including Frankston Heights Primary and Mount Erin Secondary College, it also provides close access to the Frankston Freeway, Peninsula Link, Jubilee Park, and Frankston's award-winning beach within close proximity.
Whether you're looking to land-bank, develop, or simply enjoy a strong rental return, this property delivers outstanding potential in a high-growth locale area.
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Property Details for 11 Kalmia St, Frankston

11 Kalmia St, Frankston is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1214m2. The place is currently for sale with Ash Marton Realty - FRANKSTON.

Building Type
House
Land Size
1214m2
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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 21,754 properties. Over the last 5 years, Houses in Frankston have seen a 37.66% increase in median value, while Units have seen a 34.11% increase. As at 30 November 2025:

  • The median value for Houses in Frankston is $855,978 while the median value for Units is $580,928.
  • Houses have a median rent of $570 while Units have a median rent of $480.
There are currently 72 properties listed for sale, and 71 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1152 properties were sold in the past 12 months in Frankston.

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Ash Marton
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Lilly Corran
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Ash Marton Realty - FRANKSTON
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