12 Derna Crescent, Frankston, VIC 3199 | House for sale | OnTheHouse
FOR SALE
$690,000 - $730,000

12 Derna Crescent
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 610m2
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Wide Frontage, Exceptional Potential on 610sqm (STCA)

For developers, builders and investors searching for a property with genuine future possibilities, 12 Derna Crescent presents an exciting opportunity on approximately 610sqm in an established Frankston location.
The standout feature is the impressive street frontage of approximately 30 metres, creating excellent exposure and valuable flexibility when considering how the site could be used. With its substantial proportions and distinctive shape, the allotment invites buyers to explore the potential for redevelopment, subdivision or the construction of a brand new home, subject to council approval.
Currently occupying the block is an established three bedroom brick residence, providing the option to renovate, retain as an investment or use as a holding property while future plans and permits are explored. The existing home includes a practical layout, an updated central bathroom, built in storage, covered parking and a generous backyard.
For those with a vision for the future, the land is where the greatest opportunity lies. Its approximately 33.5 metre and 34.9 metre side boundaries, combined with the wide frontage, provide developers and builders with an interesting canvas from which to investigate a thoughtfully designed residential project (STCA).
The location further strengthens the property's appeal, with Frankston's shopping, schools, parks, public transport, medical facilities and beautiful coastline all within easy reach. Convenient access to major roads and Peninsula Link also makes travelling throughout the Mornington Peninsula and Melbourne's south east simple.
Whether you choose to renovate, rebuild or explore the site's development possibilities, 12 Derna Crescent offers the land, frontage and location required to create something special. Opportunities with these proportions are increasingly difficult to secure, making this a compelling prospect for developers, investors and forward thinking buyers (STCA).
All information provided is deemed reliable but not guaranteed. Interested parties should conduct their own due diligence and verify all details independently. The agent and agency take no responsibility for any errors, omissions, or changes in the property's description.
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Property Details for 12 Derna Cres, Frankston

12 Derna Cres, Frankston is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 610m2. The place is currently for sale with Barry Plant - Narre Warren .

Building Type
House
Land Size
610m2
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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 21,777 properties. Over the last 5 years, Houses in Frankston have seen a 11.22% increase in median value, while Units have seen a 16.96% increase. As at 31 July 2026:

  • The median value for Houses in Frankston is $829,312 while the median value for Units is $572,690.
  • Houses have a median rent of $599 while Units have a median rent of $500.
There are currently 134 properties listed for sale, and 72 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1055 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

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Nicola Parreira
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Sajad Hassan
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Barry Plant - Narre Warren
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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.