13/1a Lee St, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 198m2. While the property is not currently for sale or for rent, it was last transferred in September 2020.
What a fabulous opportunity is on offer here! Superbly located in a fabulous cul-de-sac estate, this lovely freestanding homette is ideal for those looking to start or add to their investment portfolio. Situated in this popular and secure location and within walking distance to transport and local facilities. Extremely well presented and maintained, comprising two good size bedrooms with built-in robes, separate lounge room and a generous kitchen overlooking the meals area. Central bathroom and a separate laundry with access to a very private rear courtyard and a lock-up garage. Approximate rental income of $1,151pcm which is an approximate 5% return. Close to Peninsula Link and Eastlink freeways, as well as shops, transportation and schools.
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 21,756 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:
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