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.
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.
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:
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