5 Albany Place, Frankston South, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

5 Albany Place
Frankston South VIC 3199

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 153m2
Land area: 535m2
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Property Details for 5 Albany Pl, Frankston South

5 Albany Pl, Frankston South is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1971. The property has a land size of 535m2 and floor size of 153m2. While the property is not currently for sale or for rent, it was last sold in September 2008.

Building Type
House
Year Built
1971
Floor Size
153m2
Land Size
535m2
Local Government
Frankston
Lot/Plan
6/LP92200

Last Listing description (December 2025)

Perfectly placed within the coveted Frankston High School Zone, 5 Albany Place delivers a refined balance of family comfort, thoughtful design, and lifestyle convenience. With a private botanical outlook, solar-heated pool, and multiple indoor-outdoor living spaces, this beautifully elevated home offers a tranquil retreat just moments from everyday essentials.

Beyond its inviting street presence, a generous entry hall welcomes you into a warm and light-filled interior, where polished hardwood floors flow throughout and large windows frame leafy garden views. The formal lounge at the front of the home sets a tone of relaxed sophistication.

The central kitchen has been stylishly updated, featuring a gas cooktop, dishwasher, and ample storage, overlooking the decked alfresco and lush rear gardens. A formal dining room flows seamlessly from the kitchen, complemented by an additional flexible space that can serve as a casual meals area, study zone, or second dining room. The adjoining laundry provides excellent functionality with potential to convert to a butler's pantry.

The master suite enjoys a peaceful front position, complete with built-in robes, abundant storage, and a renovated ensuite. Two additional bedrooms, each with built-in robes, are serviced by a central family bathroom with a spa bath, shower, and separate toilet.

Outdoor living is at the heart of the home, with a spacious covered deck featuring caf blinds and a servery window for effortless entertaining in all seasons. The alfresco wraps around to the lounge, creating a cohesive flow between indoor and outdoor zones, while a roller door allows convenient rear access.

The tranquil gardens frame a solar salt-chlorinated pool with its own covered entertainment area-an idyllic setting for summer gatherings and relaxed weekends at home.

Additional highlights include ducted heating, evaporative cooling, solar panels, ornamental grape vines adding seasonal charm, and excellent elevation capturing light and privacy.

Positioned for lifestyle convenience, the home is only 700m (approx.) to Towerhill Road shops, 450m (approx.) to Frankston High School, and 1.9km (approx.) to Frankston Golf Club, with easy access to Peninsula Link for seamless connection to the Mornington Peninsula and beyond.

Property History for 5 Albany Pl, Frankston South, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$385,000
11 Sep 2008
  • 03 Nov 2025
    Listed for Sale $950,000 - $1,045,000
  • 11 Sep 2008
    Sold for $385,000
  • 31 Jul 2008
    Listed for Sale $399,950
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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 8,141 properties. Over the last 5 years, Houses in Frankston South have seen a 35.14% increase in median value, while Units have seen a 25.71% increase. As at 31 January 2026:

  • The median value for Houses in Frankston South is $1,301,408 while the median value for Units is $835,227.
  • Houses have a median rent of $695 while Units have a median rent of $530.
There are currently 33 properties listed for sale, and 5 properties listed for rent in Frankston south on OnTheHouse. According to Cotality's data, 397 properties were sold in the past 12 months in Frankston south.

Suburb Insights for Frankston South 3199

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Cotality Copyright and Legal Disclaimers about Property Data
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.