102 Franciscan Ave, Frankston is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1981. The property has a land size of 644m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 3 bedroom House sold in Frankston in the last 12 months.
This beautifully renovated home combines style, space and lifestyle in a prime Lakewood Estate location, just moments from schools, shops and parkland. Perfect for families, first home buyers or investors, the home offers light-filled living, quality finishes and exceptional outdoor entertaining on a generous 644sqm (approx.) allotment.
• Three bedrooms, all with built-in robes
• Light filled living areas including a designated children's play space or study zone
Location benefits include (approx):
• 120 metres to Kingsley Park Primary School
• 200 metres to the local milk bar and Erinwood Preschool
• 250 metres to Raphael Reserve and playground
• Close to Heatherhill Road shops
• Moments from Frankston Golf Club
• Easy access to St Augustine's School
• Close to Mount Erin College
• Convenient access to the Mornington Peninsula Freeway
• Within reach of Monash University
• Short drive to the developing Frankston CBD
Frankston is undergoing a significant infrastructure and lifestyle transformation, positioning it as one of the most exciting growth corridors on the Mornington Peninsula. Major public and private investment, continued upgrades to transport links including the Mornington Peninsula Freeway and rail services, revitalisation of the Frankston CBD, and ongoing improvements to health, education and community facilities are reshaping the city's future. With its beautiful beaches, vibrant foreshore precinct, expanding retail and dining scene, and strong population growth, Frankston is fast emerging as a premium bayside destination. As infrastructure delivery accelerates and demand continues to rise, the foundations for sustained capital growth are firmly established, creating outstanding long-term potential in this highly sought-after beachside suburb.
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 21,764 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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