39 Wallace Avenue, Frankston, VIC 3199 | House for sale | OnTheHouse
 
FOR SALE
$910,000 - $1,000,000View Property Price Statement

39 Wallace Avenue
Frankston VIC 3199

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 868m2
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The Brief: Exceptional Space, Flexible Living and Entertaining on a Generous Frankston Block

Behind a sweeping driveway and established gardens, 39 Wallace Avenue is a substantial residence built around space, flexibility and effortless entertaining.
A welcoming entry opens to a spacious living and dining room, where double doors lead out to a large covered entertaining area, ideal for summer gatherings and year-round hosting. The central kitchen is generous in size, with a dishwasher, wall oven and a sunlit meals area, while a dedicated study provides a quiet space for working from home.
A second wing of the home brings a rare level of flexibility. A separate living room, a second kitchen and a ground-floor bedroom with built-in robes create a zone that suits extended family, teenagers, guests or independent living, all within the one residence.
Upstairs, three bedrooms are positioned away from the main living areas. The main bedroom features an ensuite and built-in robes, and the remaining bedrooms are well proportioned and also have built-in robes. A family bathroom with a bath completes the upper level, while a void over the entry adds a sense of height and light.
Practical touches include a double garage, a garden shed, ample driveway parking and air-conditioned living areas. The grounds offer lawn, established plantings and plenty of room for children to play.
Space for every stage of family life, on a block that offers a rare sense of freedom.
For more Real Estate in Frankston, contact your Area Specialist | Ellis Schofield 0431 063 163.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Property Details for 39 Wallace Ave, Frankston

39 Wallace Ave, Frankston is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 868m2. The place is currently for sale with AREA SPECIALIST KEYSBOROUGH.

Building Type
House
Land Size
868m2
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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 21,827 properties. Over the last 5 years, Houses in Frankston have seen a 4.15% increase in median value, while Units have seen a 9.70% increase. As at 30 September 2026:

  • The median value for Houses in Frankston is $804,934 while the median value for Units is $553,702.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 144 properties listed for sale, and 72 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 976 properties were sold in the past 12 months in Frankston.

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Ellis Schofield
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