7/28-30 Mereweather Avenue, Frankston, VIC 3199 | Unit for sale | OnTheHouse
 
FOR SALE
$499,000 - $530,000

7/28-30 Mereweather Avenue
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Walk to the Beach - Invest in Growth

Coastal Living Meets Smart Investment - 2 Bed | 1bath +2 toilets
Positioned in a high-demand pocket of Frankston, 7/28-30 Mereweather Avenue delivers the ideal blend of seaside lifestyle and investment performance. Just a 7-8 minute walk to the beach, this is the kind of location buyers and tenants compete for - offering strong rental appeal, consistent demand, and long-term growth upside in one of Melbourne's evolving coastal markets.
Inside, the home features two oversized bedrooms and two toilets, split-system air conditioning and ceiling fans throughout for year-round comfort, plus an all-electric setup for efficient, low-maintenance living. Investors will appreciate the practical layout and tenant-friendly inclusions, while lifestyle buyers will love having shops within walking distance and Bayside Shopping Centre nearby. The new Frankston Hospital, easy rail access via Kananook railway station and Frankston railway station, plus quick connections to major arterials and the stunning Mornington Peninsula coastline, further strengthen both lifestyle and investment credentials.
Whether you're building your portfolio or chasing a coastal change, this opportunity captures both heart and head.
Beachside convenience, tenant demand, and future growth - secure it now before it's gone...
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Every effort has been made to ensure the accuracy of the information provided. However, it does not constitute any representation by the vendor, agent, or agency.
Our photos, floor plans, and site plans are for illustrative purposes only. We accept no liability for any discrepancies or changes in property details.
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Property Details for 7/28-30 Mereweather Ave, Frankston

7/28-30 Mereweather Ave, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The place is currently for sale with Raine & Horne Cranbourne.

Building Type
Unit
Year Built
1985
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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 21,697 properties. Over the last 5 years, Houses in Frankston have seen a 18.95% increase in median value, while Units have seen a 28.28% increase. As at 31 May 2026:

  • The median value for Houses in Frankston is $850,246 while the median value for Units is $594,484.
  • Houses have a median rent of $590 while Units have a median rent of $490.
There are currently 145 properties listed for sale, and 68 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1115 properties were sold in the past 12 months in Frankston.

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Omid Mirzaie
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Micky Sidhu
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Raine & Horne Cranbourne
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