2/21 Phillip Street, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

2/21 Phillip Street
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
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Last updated 6 Apr 2026
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Property Details for 2/21 Phillip St, Frankston

2/21 Phillip St, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a floor size of 80m2.

Building Type
Unit
Year Built
1970
Floor Size
80m2
Local Government
Frankston

Last Listing description (November 2014)

Immaculate 2 bedroom unit in the heart of Frankston
Well situated in an exclusive pocket of Frankston sits this brilliant updated live-in and or investment opportunity. With interest rates below 5%, purchasing this property has the potential to MAKE YOU MONEY TODAY! Fully updated and functionally arranged this unit is poised to generate excellent capital growth (with a generous land component) and or a solid rental return for years to come. Currently tenanted at $235 per week to a wonderful tenant eager to stay!
Additional features include

Fully updated throughout, carpet through the living spaces, built in robes in both bedrooms, light filled, split system heating and cooling, single carport, low maintenance, separate toilet, separate laundry with outdoor access, grassed rear yard.
Near to local schooling and public transport infrastructure, the Peninsula link and the explosively developing Frankston CBD we are confident this one will sell fast!
UNIT 1 ALSO FOR SALE
We look forward to seeing you this Saturday at the open for Inspection

Property History for 2/21 Phillip St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Listed for Rent
$240/w
21 Jan 2015
  • 21 Jan 2015
    Listed for Rent $240 / week
  • 15 Sep 2014
    Listed for Sale $225,000+
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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 21,733 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 114 properties listed for sale, and 66 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1165 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.