1/31 Margate Avenue, Frankston, VIC 3199 sold on 24 May 2025 | OnTheHouse
 
SOLD
Sold on 24 May 2025 for $761,000

1/31 Margate Avenue
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 389m2
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Property Details for 1/31 Margate Ave, Frankston

1/31 Margate Ave, Frankston is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 389m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 3 bedroom House sold in Frankston in the last 12 months.

Building Type
House
Land Size
389m2

Last Listing description (May 2025)

Nestled in a family friendly tree lined street within the sought-after Frankston High School zone, this delightful cottage combines timeless charm with all the contemporary comforts. This three-bedroom home is one of the original homes on the street, it offers a rich sense of history with high ceilings and heritage features such as decorative cornices and ceiling roses while boasting contemporary finishes that enhance its timeless appeal. Homes like these are few and far between as they don't make them like this anymore.

Outdoor living is a standout feature, with a large and private front yard and oversized porch where you can enjoy relaxing in the dappled shade of the stunning liquid amber tree and a rear north facing courtyard complete with built in timber seating and deck. A double carport, rear outdoor covered entertaining/additional storage area to the side yard completes the homes appeal. Set on a large parcel of land with only two homes on the block and no body corporate, this home feels private and expansive.


Step inside to discover an architecturally considered interior, featuring three oversized bedrooms, a sunlit living and dining space looking out to a north facing backyard and rear deck, a traditional fireplace, recently installed ducted heating and near new split-system heating and cooling. The modernised kitchen is a chef's dream, complete with electric cooktop, dishwasher, and abundant storage. Gorgeous brand new 100% New Zealand wool carpets and solid timber floorboards throughout, enhance both comfort and style.

Key Features:
3 spacious bedrooms, including master with full height sliding wardrobes and remaining bedrooms with a walk-in robe and built in robe.
A stylish powder room and an updated central bathroom.
Cozy lounge room featuring a stone-clad fireplace, perfect for those balmy winter evenings.
Near-new split system heating, and a recently replaced hot water system.

Location Highlights:
Situated a mere 1-minute walk from the Bruce Park Oval Pavilion, which is set to undergo a $5 million upgrade, making this area even more desirable.
A quiet, family-oriented area that offers the perfect balance of seclusion and proximity to all amenities.
In the coveted FHZ.
A short drive to the award-winning beaches of Frankson, CBD and train station, Aquatic centre, and Monash University.

This charming home is perfect for those looking for a peaceful yet convenient lifestyle to access all that the Mornington Peninsula has to offer.

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Property History for 1/31 Margate Ave, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$761,000
24 May 2025
Listed for Rent
$480/w
28 Mar 2023
  • 24 May 2025
    Sold for $761,000
  • 29 Apr 2025
    Listed for Sale $761,000
  • 06 Jul 2023
    Listed for Sale $640,000 - $700,000
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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 21,758 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 72 properties listed for sale, and 71 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1153 properties were sold in the past 12 months in Frankston.

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