33 Mereweather Avenue, Frankston, VIC 3199 | House for sale | OnTheHouse
 
FOR SALE
$1,070,000 - $1,160,000

33 Mereweather Avenue
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 618m2
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THE PROSPERITY CORNER | RENOVATED BAYSIDE CHARM

The Perfect Blend of Lifestyle and Potential Positioned on a prime 618sqm* corner allotment at the intersection of Mereweather Avenue and Douglas Grove, this property offers a rare "triple-treat" opportunity: occupy a beautiful home, secure a high-yield investment, or develop a landmark project.
Turn-Key Excellence Move straight in or lease immediately to high-income professionals. This 1960s classic has been meticulously maintained and updated for modern living:
· Stunning Interiors: Featuring gleaming polished hardwood floors that flow through a light-filled open-plan layout.
· Modern Comfort: Fully equipped with split-system air conditioning and heating for year-round climate control.
· Connectivity: Benefit from the ultimate digital infrastructure with NBN Fibre to the Premises (FTTP) already available.
Unbeatable Strategic Location
· The Medical Hub: Just moments from the newly opened $1.1 Billion Peninsula University Hospital (Jan 20, 2026), creating a massive demand for local professional housing.
· Beachside Living: A flat 350m stroll to the pristine sands of Frankston Beach and the Kananook Creek trails.
· Education, Infrastructure & Transport: Within easy reach of Monash University Peninsula Campus, Bayside Shopping Centre, and the Frankston Transport Interchange.
The Developer's Edge: HCTZ Zoning Located within the newly implemented Housing Choice and Transport Zone (HCTZ2), this corner site is primed for the future:
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Property Details for 33 Mereweather Ave, Frankston

33 Mereweather Ave, Frankston is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 618m2. The place is currently for sale with Zed Real Estate.

Building Type
House
Land Size
618m2
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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 21,673 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 139 properties listed for sale, and 71 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1152 properties were sold in the past 12 months in Frankston.

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Bridget Wehbe
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Steven Komijat
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