1/2 George Street, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

1/2 George Street
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 101m2
Land area: 236m2
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Property Details for 1/2 George St, Frankston

1/2 George St, Frankston is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 236m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
Unit
Year Built
1972
Floor Size
101m2
Land Size
236m2
Local Government
Frankston
Lot/Plan
1/PS306385

Last Listing description (January 2025)

This charming three-bedroom home occupies a commanding street-front position, sharing the large block with just one other residence. Positioned for tranquillity and convenience, it offers a coveted lifestyle of leisure and relaxation.

A brief stroll leads to parks, a vibrant array of trendy eateries, cafes, and restaurants, the acclaimed Frankston Beach Foreshore, bustling food trucks and events, as well as recreational spots like Frankston VFL Park and George Pentland Gardens. Close proximity to amenities such as Frankston CBD, shopping centres, hospitals, public transport including Frankston station, schools, preschools, and Monash University's Peninsula Campus adds to its appeal. Moreover, it falls comfortably within the highly sought-after Frankston High School Zone.

Nature enthusiasts can delight in year-round walks along the picturesque trails of Sweet Water Creek Nature Reserve or join the active community jogging or walking along the scenic boardwalk and up Oliver's Hill, soaking in breathtaking bay views along the way.

This property caters to a diverse range of lifestyles and needs, whether it's a first-time homebuyer, downsizers craving single-level living and low-maintenance upkeep, or savvy investors looking to expand their portfolio.
Inside, a modern kitchen equipped with stainless steel appliances and a breakfast bar complements the spacious and sunlit open-plan dining and family living area, adorned with energy-efficient LED lighting, elegant floorboards, and quality blinds for added privacy.

The bedroom wing, accessible via a private hallway off the living area, features plush carpeting and is serviced by a separate toilet and a central bathroom boasting a bath, shower, and large single vanity. Two double bedrooms with built-in robes and a third bedroom, adaptable as a study or home office, complete this section.

Convenience continues with a separate laundry adjacent to the kitchen and a tranquil, private courtyard ideal for morning coffees, al fresco dining, or unwinding with loved ones. Additionally, there's ample space for family activities on the adjacent lawn area, complete with a clothesline reminiscent of a bygone era.
Practical amenities include split-system heating and cooling, a single carport with potential tandem space for a second small car, and easy freeway access for commuting to Melbourne or exploring the Peninsula's offerings, from wineries and beaches to gourmet dining and rejuvenating hot springs.

Should you require any further information, please do not hesitate to contact Brooke Wegener on 0448 382 643 anytime.

Please note Photo ID is required for all inspections.

All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Property History for 1/2 George St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$620,000
28 Nov 2024
Listed for Rent
$370/w
16 Aug 2018
  • 28 Nov 2024
    Sold for $620,000
  • 31 Oct 2024
    Listed for Sale $570,000 -$627,000
  • 28 Mar 2024
    Listed for Sale $610,000 - $671,000
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About 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.
There are currently 66 properties listed for sale, and 66 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1164 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 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.