Are you seeking an affordable property located in a tranquil setting, providing good acreage combined with a 3 bedroom home, but still want to be within commuting distance of Launceston and not too far from local shopping, schools, supermarkets, doctors etc.? Yesthen this property approximately 21.7kms travel (via the Frankford Highway) from Exeter offering primary and high schools, doctors, supermarket, hardware, bakery etc. may be just the one for you! Enjoying a peaceful position, the home is set well back from the road, giving privacy, whilst the land consisting of approximately 6 hectares (around 15 acres) of gently undulating paddocks is ideal for cattle, horses, sheep, etc.
The home comprising 3 bedrooms (no built-ins), one bathroom with bath and separate shower, kitchen, open plan dining/lounge and laundry has wide undercover verandahs to the front and rear. Whilst in need of a complete renovation it enables the buyer to put their own stamp on the property at their leisure. Alternatively the property is zoned Rural Living which gives the potential subject to necessary council criteria and approvals, to remove the old home and build on the site.
There are numerous outbuildings, all a little run down but still providing storage if required. The land around the home is relatively flat allowing great space for the children and pets to run and play. The land offers some cleared areas ideal for horses or cattle etc. and there is enough bush remaining for those wanting to cut their own firewood. There is a large dam to the rear of the property which has water most of the year and a small one to the front which is only seasonal.
The size of Frankford is approximately 142.2 square kilometres. There are 9 parks, covering nearly 53.1% of the total area. The population of Frankford in 2016 was 176 people. By 2021 the population was 165 showing a population decline of 6.2% in the area during that time. The predominant age group in Frankford is 50-59 years. Households in Frankford are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Frankford work in a labourer occupation.In 2021, 79.10% of the homes in Frankford were owner-occupied compared with 74.20% in 2016.
Frankford has 105 properties. Over the last 5 years, Houses in Frankford have seen a 68.72% increase in median value. As at 30 June 2026:
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