1 Wave StreetFrankston VIC 3199
Property Details for 1 Wave St, Frankston
1 Wave St, Frankston is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 631m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 4 bedroom House sold in Frankston in the last 12 months.
Last Listing description (August 2025)
Set in one of Frankston's most central and convenient pockets, this charming 1950-built home offers the perfect balance of character, space, and lifestyle potential. Positioned on a generous 631m² (approx.) block with an accessible entry ramp, it's ideal for families, investors, or those seeking to add value in a high-growth location.
Behind its modest facade, warm hardwood floors and new floating floorboards in the hallways lead through a functional floorplan that includes four generous bedrooms—one with a walk-in robe and another with a built-in. The light-filled open-plan living and kitchen zone is the heart of the home, featuring a ceiling fan, wraparound benchtops, a breakfast bar, and ample storage.
Recently updated with new guttering, a new gas line, and complete home re-wiring, this home blends classic charm with important modern upgrades.
The main bathroom includes a bathtub, shower, and vanity, with a separate toilet for added convenience. A well-sized laundry with linen cupboard and external access adds practicality, while a decked area invites outdoor living and relaxation. The expansive backyard is perfect for kids, pets, or future enhancements (STCA), complemented by a single lock-up garage and plenty of off-street parking.
Enjoy a relaxed coastal lifestyle just a short walk to Frankston's stunning beaches, Kananook Creek trails, local reserves, and the friendly neighbourhood milk bar. You're also minutes from Bayside Shopping Centre, Frankston Station, PARC, TAFE, and zoned or close to excellent schools.
Property History for 1 Wave St, Frankston, VIC 3199
- 25 Jul 2025Sold for $702,000
- 23 Jun 2025Listed for Sale $702,000
- 07 Jun 2002Sold for $154,000
Recent sales nearby
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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.
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