38A Grange Road, Frankston South, VIC 3199 | Unit for sale | OnTheHouse
FOR SALE
$840,000 - $880,000

38A Grange Road
Frankston South VIC 3199

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 267m2
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Premium Downsizing Opportunity on Olivers Hill

Bathed in natural light and positioned in one of Frankston South's most coveted locations atop Oliver's Hill, this north-facing three-bedroom unit presents an outstanding opportunity for those wishing to downsize without compromising on privacy, space or lifestyle. Perfectly placed just two doors from the tranquil Sweetwater Creek boardwalk and within the Frankston High School Zone, it occupies a premium private position at the rear of only two residences, with no body corporate.
Refreshed with new carpets and paintwork throughout, the home has been exceptionally well maintained and is ready for immediate enjoyment. The generous single-level layout, low-maintenance design and peaceful leafy cul-de-sac setting provide a superb blend of comfort and ease, moments from the beach, local shops, cafes and picturesque walking trails.
Additional Features:
• Spacious original timber kitchen with gas cooktop and corner pantry
• High ceilings, original timber windows and door frames
• Large master suite with generous walk-in robe
• Ducted heating and evaporative cooling for year-round comfort
• Double garage plus additional onsite parking
• Convenient internal access
A rare offering in a tightly held lifestyle location, perfectly suited for those seeking to slow down, lock and leave with ease, or secure a quality long-term investment near the coast.
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Property Details for 38a Grange Rd, Frankston South

38a Grange Rd, Frankston South is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 267m2. The place is currently for sale with Eview Group - Eview Group.

Building Type
Unit
Land Size
267m2
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About Frankston South 3199

The size of Frankston South is approximately 14.6 square kilometres. It has 36 parks covering nearly 10.1% of total area. The population of Frankston South in 2016 was 18199 people. By 2021 the population was 18801 showing a population growth of 3.3% in the area during that time. The predominant age group in Frankston South is 40-49 years. Households in Frankston South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Frankston South work in a professional occupation.In 2021, 78.30% of the homes in Frankston South were owner-occupied compared with 76.20% in 2016.

Frankston South has 8,142 properties. Over the last 5 years, Houses in Frankston South have seen a 40.64% increase in median value, while Units have seen a 25.80% increase. As at 31 October 2025:

  • The median value for Houses in Frankston South is $1,264,454 while the median value for Units is $821,466.
  • Houses have a median rent of $690 while Units have a median rent of $530.
There are currently 25 properties listed for sale, and 5 properties listed for rent in Frankston south on OnTheHouse. According to Cotality's data, 382 properties were sold in the past 12 months in Frankston south.

Suburb Insights for Frankston South 3199

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Badiha Cook
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Eview Group - Eview Group
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.