18 Cassia Grove, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

18 Cassia Grove
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 95m2
Land area: 920m2
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Property Details for 18 Cassia Gr, Frankston

18 Cassia Gr, Frankston is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1965. The property has a land size of 920m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in May 2019.

Building Type
House
Year Built
1965
Floor Size
95m2
Land Size
920m2
Local Government
Frankston
Lot/Plan
8/LP34982

Last Listing description (May 2019)

A huge opportunity presents itself to secure a substantial development site in one of Frankston’s most sought after locations within the Frankston High School Zone. Presenting 920 sqm of prime development land, this property is surrounded by an array of majestic trees that are sure to enhance the appeal of your development project. It has long been said that mature trees can positively impact a property’s value by between 6% and 11%. Whether you’re considering building your dream home or a well considered townhouse development, you can build with confidence knowing the finished project will have strong appeal!
The precedent has already been set for similar sites with several impressive and successful developments already having taken advantage of this prime location.
The current home offers a large open plan living and kitchen area, two bedrooms and a central bathroom with separate toilet. A rear bungalow is complete with bathroom facilities and there is the addition of a double carport and double garage. The home may have seen better days however with a smart renovation this property could still be tenanted in the lead up to your development perusal.

Perfectly positioned for convenience this home is within walking distance to an array of local shops, parks, schools, Monash university, train station and is within easy access of Frankston Freeway and Peninsula link.

Property History for 18 Cassia Gr, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$555,000
13 May 2019
Listed for Rent
$190/w
23 Oct 2007
  • 13 May 2019
    Sold for $555,000
  • 14 Jan 2019
    Listed for Sale $599,000 to $649,000
  • 05 Sep 2007
    Listed for Rent - Price not available
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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 21,755 properties. Over the last 5 years, Houses in Frankston have seen a 38.00% increase in median value, while Units have seen a 33.85% increase. As at 31 December 2025:

  • The median value for Houses in Frankston is $863,752 while the median value for Units is $590,364.
  • Houses have a median rent of $575 while Units have a median rent of $490.
There are currently 69 properties listed for sale, and 60 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1184 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.