1-6/41 Deane StreetFrankston VIC 3199
Property Details for 1-6/41 Deane St, Frankston
1-6/41 Deane St, Frankston is a 12 bedroom, 6 bathroom Unit.
Last Listing description (June 2014)
**Auction this weekend** Perfectly hidden away at the end of the street is this unique investment opportunity with plans/permits for 4 new dwellings. Everything is at your fingertips here - only a minute's walk to Monash University, Frankston Hospital, Frankston Power Centre, Jubilee Park Sporting Complex and the entrance to Eastlink, providing an endless stream of tenants for the savvy investor.
The site currently comprises six units that have been tastefully renovated, all with two bedrooms, one bathroom and a single carport. All units are currently tenanted, achieving between $240-$250pw. The site has further potential for four townhouses to be built at the rear. Rear land area 873sqm (approx.)
-Approx. 150m to Leawarra Train Station
-Approx. 250m to Jubilee Park
-Approx. 200m to Frankston Power Centre
-Approx. 800m to Frankston Hospital
-Approx. 400m to Frankston Freeway/Eastlink entrance
-Approx. 1900m to Frankston Beach
With Frankston recognised as one of the growth suburbs of Victoria, you will be hard pressed to find a better investment opportunity.
Aaron Froling : 0410 566 618
Property History for 1-6/41 Deane St, Frankston, VIC 3199
- 26 Sep 2014Listed for Sale SOLD - $1,600,000
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0About Frankston 3199
The size of Frankston is approximately 19.8 square kilometres. It has 72 parks covering nearly 21.2% of 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 21,756 properties. Over the last 5 years, Houses in Frankston have seen a 37.66% increase in median value, while Units have seen a 34.11% increase. As at 30 November 2025:
- The median value for Houses in Frankston is $855,978 while the median value for Units is $580,928.
- Houses have a median rent of $570 while Units have a median rent of $480.
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