158 Gould Street, Frankston, VIC 3199 | House for sale | OnTheHouse
 
FOR SALE
$3,100,000 - $3,400,000 - Absolute Beachfront.

158 Gould Street
Frankston VIC 3199

Bedrooms: 6
Bathrooms: 3
Car spaces: 4
Floor area: 316m2
Land area: 493m2
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Via Private Appointment | Absolute Beachfront. Dual Living. Endless Opportunity.

Positioned directly on the sands of Long Island Beach, this extraordinary dual-residence property presents a once-in-a-generation opportunity to secure absolute beachfront living with remarkable versatility.
Dual titles comprising of two fully self-contained residences (rated separately), the layout is ideal for multi-generational living, investors looking to land-bank one of the most blue-chip beachfront sites Frankston has to offer, or buyers seeking flexibility without compromise. Privately set and secure, the home is move-in ready while offering exciting scope for future enhancement.
The lower-level residence features polished timber floors and warm timber detailing, three bedrooms, a family bathroom plus a second shower and toilet in the separate laundry, and a well-appointed kitchen flowing to dining and living zones. Outside, a covered paved area is perfect for entertaining or relaxing with direct access to the beach just metres away.
Upstairs, the second residence mirrors the appeal with three bedrooms, including a main bedroom complete with walk-in robe and private ensuite, while a full central bathroom services the remaining bedrooms. Featuring its own laundry, a well-equipped kitchen and spacious living and dining areas that extend to a generous balcony, the home captures breathtaking coastal views stretching across the bay.
Both residences enjoy secure garage parking, plus additional gated off-street parking. Located just moments from Frankston's vibrant city centre, with cafés, restaurants, bars, Bayside Shopping Centre and the train station all within easy reach, this prized address offers an exceptional blend of beachfront living and long-term potential.
Disclaimer: Whilst every care has been taken to ensure the accuracy of the information provided, interested parties should rely on their own enquiries and due diligence. The agent and vendor accept no responsibility for any errors, omissions, or inaccuracies.
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Property Details for 158 Gould St, Frankston

158 Gould St, Frankston is a 6 bedroom, 3 bathroom House with 4 parking spaces. The property has a land size of 493m2 and floor size of 316m2. The place is currently for sale with OBrien Real Estate Frankston.

Building Type
House
Floor Size
316m2
Land Size
493m2
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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 21,725 properties. Over the last 5 years, Houses in Frankston have seen a 14.92% increase in median value, while Units have seen a 20.83% increase. As at 30 June 2026:

  • The median value for Houses in Frankston is $840,298 while the median value for Units is $574,722.
  • Houses have a median rent of $595 while Units have a median rent of $495.
There are currently 141 properties listed for sale, and 68 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1113 properties were sold in the past 12 months in Frankston.

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Luke Magree
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OBrien Real Estate Frankston
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