2/25-29 Wave Street, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

2/25-29 Wave Street
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 146m2
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Property Details for 2/25-29 Wave St, Frankston

2/25-29 Wave St, Frankston is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1973. The property has a land size of 146m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in August 2017.

Building Type
Townhouse
Year Built
1973
Floor Size
70m2
Land Size
146m2
Local Government
Frankston
Lot/Plan
2/RP5001

Last Listing description (October 2017)

This 2-bedroom beauty offers a magnificent low maintenance lifestyle, ideally located only moments away from the hub of the Frankston shopping precinct, cinemas, restaurants, station and freeway.
Quietly positioned and of solid double brick construction this unit offers 2 robed bedrooms, a modernized, well equipped kitchen, a spacious open plan lounge and dining room with split system heating and cooling, a light filled bathroom and a European laundry.
Outside is an enclosed, covered deck area at the front plus a private paved courtyard with garden shed at the rear. Ample car accommodation is provided with the enclosed single carport.

Currently leased to a prized tenant, this is an enticing opportunity for any astute investor, however, it would also be an ideal first home.

Property History for 2/25-29 Wave St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$290,000
21 Aug 2017
Listed for Rent
$260/w
09 Nov 2016
  • 21 Aug 2017
    Sold for $290,000
  • 19 Jun 2017
    Listed for Sale Under Contract
  • 07 Nov 2016
    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 21,715 properties. Over the last 5 years, Houses in Frankston have seen a 34.43% increase in median value, while Units have seen a 34.05% increase. As at 28 February 2026:

  • The median value for Houses in Frankston is $871,189 while the median value for Units is $589,978.
  • Houses have a median rent of $580 while Units have a median rent of $490.
There are currently 113 properties listed for sale, and 51 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1180 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.