33 Olympic Avenue, Frankston, VIC 3199 | House for sale | OnTheHouse
 
FOR SALE
$770,000 - $830,000

33 Olympic Avenue
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 609m2
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Stylish Single level living on 609sqm's

Positioned in the heart of leafy Karingal, 33 Olympic Avenue, Frankston presents an outstanding opportunity to secure a beautifully updated, single-level home on a generous 609sqm (approx.) allotment, delivering space, comfort and lifestyle appeal in equal measure.
The residence comprises three well-proportioned bedrooms and showcases hardwood timber flooring throughout, adding warmth, character and timeless charm. The stylishly renovated kitchen and bathroom offer modern functionality while remaining sympathetic to the home's classic design. A practical, single-level layout makes this property ideal for families, downsizers or investors seeking low-maintenance living, complemented by a carport and ample off-street parking.
A standout feature is the covered, decked outdoor entertaining area, seamlessly connecting indoor and outdoor living. Perfect for year-round entertaining, relaxed weekend barbecues or quiet evenings with family and friends, this inviting space overlooks a generous backyard-ideal for children, pets or future enhancement (STCA).
Set within a quiet, family-friendly street, the home enjoys a highly sought-after location known for its established greenery and strong sense of community. Karingal offers exceptional lifestyle convenience, with quality schools, childcare facilities, parks and sporting reserves all close by. Commuters will appreciate easy freeway access to Melbourne's CBD and the Mornington Peninsula, while Frankston Beach is just a short drive away.
Everyday needs are effortlessly met with Karingal Hub Shopping Centre, major supermarkets, cafés and dining options nearby.
Whether you're a first-home buyer, growing family, downsizer or astute investor, this superbly presented home represents a compelling opportunity to secure a quality property in one of Frankston's most desirable and well-connected pockets-where comfort, space and lifestyle come together effortlessly.
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Property Details for 33 Olympic Ave, Frankston

33 Olympic Ave, Frankston is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 609m2. The place is currently for sale with Property One Sales and Management - Chelsea.

Building Type
House
Land Size
609m2
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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 21,757 properties. Over the last 5 years, Houses in Frankston have seen a 38.00% increase in median value, while Units have seen a 33.85% increase. As at 31 December 2025:

  • The median value for Houses in Frankston is $863,752 while the median value for Units is $590,364.
  • Houses have a median rent of $575 while Units have a median rent of $490.
There are currently 98 properties listed for sale, and 61 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1155 properties were sold in the past 12 months in Frankston.

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Peter Hansen
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Seb Mooney
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Property One Sales and Management - Chelsea
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