16 Lipton Drive, Frankston, VIC 3199 sold on 05 September 2025 | OnTheHouse
SOLD
Sold on 05 Sep 2025 for $795,000

16 Lipton Drive
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 16 Lipton Dr, Frankston

16 Lipton Dr, Frankston is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1984. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 2 bedroom House sold in Frankston in the last 12 months.

Building Type
House
Year Built
1984
Local Government
Frankston
Lot/Plan
211/LP90254

Last Listing description (September 2025)

Another Premium Off-Market Result | No Fuss, No Marketing, No Open For Inspections

At fosterfroling Real Estate, we were delighted to present another exclusive off-market opportunity, offered only to our buyers' agents, advocates, and database clients.

16 Lipton Drive, Frankston stood proudly on a corner block in the respected Marylands Estate, showcasing superb street appeal with its classic brick-veneer construction and elevated position. Nestled at the corner of Yarrabee Court and Lipton Drive, and located near the Bunarong Park water tower - the Peninsula's second-highest point after Arthur's Seat - this home truly stood apart.

Inside, the property exuded warmth and character, with hardwood flooring stained in Japan black adding a stylish, modern edge. While configured as a two-bedroom home, the generous hallway and clever floor plan provided genuine scope to reconfigure into three bedrooms. A thoughtful garage conversion offered valuable additional space - perfect as a study, storage area, or smaller third bedroom.

The home had been tastefully updated with a fully refurbished kitchen and bathroom, each showcasing sleek modern appointments. Outdoors, it excelled in entertainment - a covered east-west deck with full outdoor BBQ created one of the most inviting alfresco spaces imaginable, perfectly positioned to capture the best of the north-west sunlight. Manicured gardens further enhanced the sense of pride of ownership.

Adding another layer of appeal, architectural advice confirmed the potential to retain the existing home and subdivide to create a second dwelling (STCA), presenting outstanding flexibility for homeowners, investors, or developers alike.

This was a rare combination of quality living, prime location, and future upside - sold quietly and efficiently through fosterfroling's exclusive off-market network.

Another outstanding result achieved with no fuss, no marketing, and no open inspections - a true testament to the strength and reach of fosterfroling Real Estate's database-driven approach.

If you're considering selling and would like to explore how an off-market strategy could deliver the same premium outcome for your property, contact fosterfroling Real Estate today.

Property History for 16 Lipton Dr, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$795,000
05 Sep 2025
  • 05 Sep 2025
    Listed for Sale $799,500
  • 05 Sep 2025
    Sold for $795,000
  • 06 Feb 2008
    Listed for Sale Not Disclosed
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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 21,738 properties. Over the last 5 years, Houses in Frankston have seen a 28.17% increase in median value, while Units have seen a 31.91% increase. As at 31 March 2026:

  • The median value for Houses in Frankston is $868,576 while the median value for Units is $592,456.
  • Houses have a median rent of $580 while Units have a median rent of $490.
There are currently 121 properties listed for sale, and 60 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1175 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.