3 Heath Avenue, Frankston, VIC 3199 | House for sale | OnTheHouse
 
FOR SALE
$640,000 - $682,000 | No Body Corp + Within FHSZ

3 Heath Avenue
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 135m2
Land area: 358m2
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Raw Potential in the Right Golden Triangle Position

For the investor who buys on fundamentals and not on finishes, this unique cottage-style home reads clearly as a Golden Triangle opportunity without an owner’s corporation, worth holding onto with both hands. Positioned within the Frankston High School Zone on approximately 357 sq. metres of fully fenced land, its zone, its street, and its postcode make a compelling case, and the buyer who can see past the surface and straight to the opportunity will find everything they need right here.
A welcoming front garden sets the tone on arrival, with fully fenced grounds providing a certain privacy with genuine space from the moment you approach. Inside, the floor plan is immediately practical, from its central fireside lounge to its separate kitchen and dining room, with a unique formal dining room with French door entry back out to the front deck, adapting easily as an additional bedroom. The bathroom is quite sizeable with modern appointments and an incorporated laundry, and the rear yard offers a compelling space for the green thumb beyond its raised and covered entertaining deck.
Two larger bedrooms and a smaller snug add even more flexibility for the intelligent renovator, completing a layout finished with ducted heating, ceiling fans, and a secure single carport. Its golden triangle positioning means the lifestyle network is essentially on your doorstep, with Frankston Hospital, Bunnings Warehouse, Monash University, Chisholm TAFE, Beauty Park, Frankston Station, the CBD and the foreshore all just metres from your doorstep.
Smart money always finds the right position first, and worries about the paintwork second. This is the move!
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Property Details for 3 Heath Ave, Frankston

3 Heath Ave, Frankston is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 358m2 and floor size of 135m2. The place is currently for sale with OBrien Real Estate Frankston.

Building Type
House
Floor Size
135m2
Land Size
358m2
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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 21,739 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:

  • The median value for Houses in Frankston is $867,535 while the median value for Units is $593,226.
  • Houses have a median rent of $590 while Units have a median rent of $490.
There are currently 129 properties listed for sale, and 66 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1168 properties were sold in the past 12 months in Frankston.

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Luke Magree
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Riley Kidman
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OBrien Real Estate Frankston
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