11 Wave Street, Frankston, VIC 3199 | Property Value & History | OnTheHouse
 
OFF MARKET

11 Wave Street
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 132m2
Land area: 631m2
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Last updated 9 Mar 2026
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Property Details for 11 Wave St, Frankston

11 Wave St, Frankston is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1960. The property has a land size of 631m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
House
Year Built
1960
Floor Size
132m2
Land Size
631m2
Local Government
Frankston
Lot/Plan
31/LP29209

Last Listing description (March 2020)

Featuring a 3-bedroom, 1-bathroom home plus a self-contained flat in the back yard this is an awesome investment opportunity. The main house has 3 good sized bedrooms, 1 bathroom plus additional toilet off laundry. Large kitchen area with stainless stove and dishwasher. The flat has 1 bedroom, living area plus bathroom. There is a large garage workshop plus an additional carport and lots of off-street parking.
2 investment opportunities on one block
3-bedroom, 1-bathroom home

1 bedroom flat in back yard
628 Sq meter block
Frankston Central, just over 1 km to train station
Garage with workshop plus a carport
Remote gate for added security
Situated in the Frankston Central Zone so close to everything with huge potential for development in the future (STCA). Homes in this position are rare and in great demand.

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Property History for 11 Wave St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$580,000
24 Feb 2020
Listed for Rent
$390/w
06 Mar 2018
  • 24 Feb 2020
    Sold for $580,000
  • 19 Feb 2020
    Listed for Sale $535,000 - $588,500
  • 10 Oct 2018
    Listed for Sale $525,000 - $575,000
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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 21,718 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 113 properties listed for sale, and 52 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1184 properties were sold in the past 12 months in Frankston.

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Cotality Copyright and Legal Disclaimers about Property Data

© 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.

Disclaimer
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.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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