15/17 Mcmahons Road, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

15/17 Mcmahons Road
Frankston VIC 3199

Bedrooms: 6
Bathrooms: 2
Car spaces: 4
Land area: 1246m2
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Last updated 27 Apr 2026
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Property Details for 15/17 Mcmahons Rd, Frankston

Building Type
Land
Land Size
1246m2
Local Government
Frankston

Last Listing description (September 2023)

Offered to all opportunists, a multitude of options are available for this double block with unlimited potential. Minutes from shops, public transport & Frankston on approx 1,246sqm approx. of land, it allows a host of living and building opportunities (STCA).

This prime land is located in Mix Used Zone with possibility to develop dual-occupancy townhouses, student accommodations, office, suites, consulting rooms, or even re-developments for high density apartments (STCA).

Located in the renowned Frankston High School Zoned (FHSZ) High visibility central location. Walking distance to Frankston CBD & Public transport and opposite to Monash Uni, The existing humble homes offers immediate rental income as well. Renovate, extend, land-banking, opportunity is open for all investors.

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Property History for 15/17 Mcmahons Rd, Frankston, VIC 3199

A timeline of how this property has performed in the market
  • 22 Mar 2023
    Listed for Sale Contact Agent
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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 141 properties listed for sale, and 80 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1078 properties were sold in the past 12 months in Frankston.

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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.