16 Bondi Ave, Frankston is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1962. The property has a land size of 1163m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in April 2016.
While interstate money floods in, your local knowledge creates competitive edge. This 1,153m Frankston High Zone block offers perfect development scenario: known council processes, established trades network, local market understanding.
Development advantages: 2-3 dwelling potential (STCA), strong rental demand ($555/week each), school zone buyer interest. Your competitive advantages: council relationships, local contractor networks, market timing knowledge.
Buy below replacement cost, develop during infrastructure boom, sell into supply shortage. Government catalyst: $97M investment creating amenity uplift. Interstate buyers creating demand pressure - local developers positioned to supply solutions.
Risk mitigation: existing home provides holding income, subdivision allows staged development. Local knowledge beats interstate money when development fundamentals align. Act on home ground advantage
#AllBuyers #FrankstonOpportunity #LocalAndInterstate #UniversalAppeal #Marketnsensus
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:
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