161 Gould Street, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

161 Gould Street
Frankston VIC 3199

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 105m2
Land area: 414m2
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Property Details for 161 Gould St, Frankston

161 Gould St, Frankston is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 414m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in June 2015.

Building Type
House
Year Built
1920
Floor Size
105m2
Land Size
414m2
Local Government
Frankston
Lot/Plan
37/LP5743

Last Listing description (June 2026)


Positioned between the golden sands of Long Island beach and the tranquil waters of Kananook Creek, with the Frankston High School Zone. ideal for investors, extended families.

This rare property delivers a flexible dual-living layout and is perfect for investors and holiday makers looking for great investment returns all year round and/or a holiday destination in the summer months.
Ideal for extended families or those looking to rent out the rear bungalow and live in the front.
At the front is secure off-road parking for two cars and a private entrance that opens onto the open plan living, dining and kitchen area.
Flowing through-out are timber-look floors, and carpeted bedrooms.
Positioned on approx. 425sqm this home is in original, older renovated condition and is a blank canvas in need of some TLC. It has plenty of potential space to rearrange the floor plan and adapt to your own style. Or rent out as a BNB or long-term lease. #
Features include-
-Split system heating/cooling.
-Potential to reinstate the original open fireplace.
-A functional kitchen with gas cooktop, Whirlpool oven, dishwasher, breakfast bar.
-Three spacious bedrooms with built-in robes,
-Private central bathroom/integrated laundry/storage room.
-A loft ladder leads to additional ceiling storage.
-10kW Solar System.

At the rear is a separate self-contained cottage with side access, that backs onto your own private jetty.
Boasts-
-A light-filled living and dining space,
-Spacious kitchen ideal for guests, teenagers, in-laws, short- or long-term accommodation#.
-Large master bedroom with amazing views,
-Plus a second bedroom area perfect for bunk beds,
-Neat tidy main bathroom and under-house storage.
-a large deck and landscaped garden.
Outside flows down to the private jetty and small boat shed offering direct access to Kananook Creek for Kayaks and other paddle craft. (Not all properties along this strip have established jetties).
The front house and cottage are currently privately tenanted at $710pw combined.
(A current rental estimate appraisal is approximately $900pw combined).
Within a short walk to Frankston's cosmopolitan restaurants, cafes, cinemas, train station, Long Island beach, Frankston Pier, and scenic waterfront boardwalks.
Just approx. 45 mins to Melbourne centre close to Peninsula and Eastlink on ramps.
Should you require any further information, please do not hesitate to contact Paul Gilderdale on 0417697233.

#Please note: Please do your own due diligence to determine if all the enclosed information is correct, including legal, council, building checks and dual occupancy laws. Please also refer to Consumer Affairs in relation to whether this property currently meets Rental compliance laws.

Some photos included are for presentation purposes only and may be more than 6 months old.

Disclaimer - At One Agency Peninsula, we make every effort to ensure the property information is accurate and reliable. However, we do not warrant its accuracy and disclaim all liability for any errors or omissions. We strongly recommend that all prospective buyers conduct their own due diligence and seek their own independent advice before making any property-related decisions.

Property History for 161 Gould St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$780,000
06 Jun 2015
Listed for Rent
$650/w
28 Nov 2018
  • 13 Nov 2025
    Listed for Sale $1,450,000 - $1,595,000
  • 09 Nov 2018
    Listed for Rent $650 / week
  • 08 Aug 2017
    Listed for Rent $600 / week
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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 21,780 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 150 properties listed for sale, and 77 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1091 properties were sold in the past 12 months in Frankston.

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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.