All the Right Ingredients
Investors, Developers, look what s on offer. We have two bedroom home ( with good tenant) & bungalow ( combined rental $350/week) on a 740sqm approx block. However the jewel in the crown it also backs onto 2 Gordon avenue that has plans for 3 Townhouses. There are all manners of computations that can be considered, however Note!! This property is in a prime location being walking distance to top primary & secondary schools, public transport, local strip shopping/cafes, and mere minutes to Frankston hospitals public & private, beautiful parks, sporting facilities including new Aquatic centre, Frankston CBD and its pristine beach, notwithstanding easy access to the new Peninsula link, and all that the surrounding districts has to offer.
Developers, Investors, This is location, location!! Take it all in, but DON T take your time, as this won t last long.
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 21,762 properties. Over the last 5 years, Houses in Frankston have seen a 37.92% increase in median value, while Units have seen a 37.00% increase. As at 31 January 2026:
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