1 Olympic Avenue, Frankston, VIC 3199 | Property Value & History | OnTheHouse
 
FOR SALE

1 Olympic Avenue
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 123m2
Land area: 604m2
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This property is currently on the market
Light-Filled Family Living on a Generous 604sqm Allotment in a Prime Frankston Location
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Property Details for 1 Olympic Ave, Frankston

1 Olympic Ave, Frankston is a 3 bedroom, 2 bathroom House and was built in 1976. The property has a land size of 604m2 and floor size of 123m2.This Property is currently listed for sale with OBrien Real Estate Frankston

Building Type
House
Year Built
1976
Floor Size
123m2
Land Size
604m2
Local Government
Frankston
Lot/Plan
41/LP43630

Last Listing description (March 2026)

Positioned on a generous 604sqm (approx.) allotment, this beautifully presented three-bedroom home offers the perfect blend of comfort, space and convenience in a sought-after Frankston location with subdivision potential (STCA).

Filled with natural light, the home features a spacious open-plan kitchen and dining area with modern cabinetry, quality appliances and ample bench space, flowing seamlessly into the inviting living area. Polished timber floors and large windows enhance the warm and welcoming atmosphere throughout.

The home offers three well-sized bedrooms, with the main bedroom complete with a walk-in robe and private ensuite, while the remaining bedrooms are serviced by a central bathroom and separate toilet.

Outside, the large backyard provides plenty of space for families, entertaining or future potential, while a long driveway leads to a double garage/shed, offering excellent storage or workshop space.

Conveniently located close to local schools, shops, parks and public transport, this property presents a fantastic opportunity for first home buyers, investors or those looking to secure a well-presented home in a growing Frankston pocket.

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Property History for 1 Olympic Ave, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$620,000
26 Sep 2017
Listed for Rent
$365/w
27 Jul 2016
  • 07 Mar 2026
    Listed for Sale $800,000-$880,000 - Renovated
  • 26 Sep 2017
    Sold for $620,000
  • 06 Sep 2017
    Listed for Sale Not Disclosed
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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 21,705 properties. Over the last 5 years, Houses in Frankston have seen a 34.43% increase in median value, while Units have seen a 34.05% increase. As at 28 February 2026:

  • The median value for Houses in Frankston is $871,189 while the median value for Units is $589,978.
  • Houses have a median rent of $580 while Units have a median rent of $490.
There are currently 111 properties listed for sale, and 53 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1176 properties were sold in the past 12 months in Frankston.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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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.

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