14/16 Overton Road, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

14/16 Overton Road
Frankston VIC 3199

Bedrooms: 9
Bathrooms: 3
Car spaces: -
Land area: 1839m2
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Property Details for 14/16 Overton Rd, Frankston

Building Type
Land
Land Size
1839m2
Local Government
Frankston

Last Listing description (July 2026)

Positioned within one of Frankston's most prominent coastal corridors, Overton presents a rare opportunity to secure a substantial multi-title landholding with holding income and genuine mixed-use development potential (STCA), just 300 metres from the sands of Frankston's award-winning beach.

The Offering

12 Overton Road, Frankston

649sqm (approx.)

14 Overton Road, Frankston
597sqm (approx.)

16 Overton Road, Frankston
593sqm (approx.)

Combined Offering
Total landholding: 1,839sqm (approx.)
Gross annual rental income: approx. $78,660 per annum

Situated within Precinct 5, Sub-Precinct 5D of the Frankston Metropolitan Activity Centre, the site offers genuine mixed-use development potential (STCA), with neighbouring approvals and emerging developments throughout the precinct highlighting increasing council appetite and growing confidence in larger-scale architectural outcomes.

Benefiting from a highly prominent northwest-facing position overlooking the Kananook Creek Trail, the land enjoys a rare sense of openness and outlook, creating the opportunity for future development to capitalise on uninterrupted natural light, bay vistas and a highly desirable coastal orientation, making it prime for a boutique luxury apartment development.

As Frankston continues to attract increasing interstate attention, investment and development activity, Overton represents a strategic acquisition within one of Victoria's fastest-evolving coastal growth precincts.

Property History for 14/16 Overton Rd, Frankston, VIC 3199

A timeline of how this property has performed in the market
  • 03 Jun 2026
    Listed for Sale $2,700,000 - $2,970,000
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About Frankston 3199

The size of Frankston is approximately 19.8 square kilometres. There are 72 parks, covering nearly 21.2% of the 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 21,785 properties. Over the last 5 years, Houses in Frankston have seen a 14.92% increase in median value, while Units have seen a 20.83% increase. As at 30 June 2026:

  • The median value for Houses in Frankston is $840,298 while the median value for Units is $574,722.
  • Houses have a median rent of $595 while Units have a median rent of $495.
There are currently 142 properties listed for sale, and 81 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1078 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

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Cotality Copyright and Legal Disclaimers about Property Data
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.