2/48 Frankston-Flinders Road, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

2/48 Frankston-Flinders Road
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 99m2
Land area: 314m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 20 Apr 2026
Low

High
Save

Property Details for 2/48 Frankston-Flinders Rd, Frankston

2/48 Frankston-Flinders Rd, Frankston is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1989. The property has a land size of 314m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in September 2024.

Building Type
Townhouse
Year Built
1989
Floor Size
99m2
Land Size
314m2
Local Government
Frankston
Lot/Plan
2/PS606818

Last Listing description (September 2024)

Meticulously renovated and beautifully presented, this sensational two-bedroom unit on 315sqm* offers a perfect balance of comfort, space and convenience, tailored for those who value privacy and accessibility. Located at the rear of a pair of homes within the highly regarded Frankston High School Zone, it features a spacious single-level layout that is increasingly rare in today's market and a fantastic location, a short stroll from the lively cafes and shops on Foot Street, George Pentland Gardens, the hospital precinct and Frankston Station.

The open-plan design facilitates smooth transitions between living, dining, and outdoor spaces, making it great for entertaining and everyday living. The modern kitchen, equipped with stainless steel appliances, is the home's focal point, connecting seamlessly to the generously sized living areas and the large deck and backyard, ideal for entertaining or relaxing in the sun.

The two well-sized bedrooms boast robe storage, with the main bedroom featuring a built-in robe and direct access to an elegantly updated central bathroom. Additional highlights include a large laundry, split-system heating and cooling, and a single lock-up garage. With easy access to Monash University, Frankston's growing entertainment and foreshore precincts, shopping, the beach, and PARC, this property is a genuine stand out.

*approximate land size
** Please Note: Sauna is not included in the sale

Property History for 2/48 Frankston-Flinders Rd, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$615,000
10 Sep 2024
Listed for Rent
$340/w
24 Jun 2016
  • 10 Sep 2024
    Sold for $615,000
  • 28 Aug 2024
    Listed for Sale $550,000 - $600,000
  • 16 Mar 2021
    Sold for $543,750
Sign in to see more transactions
Commute Calculator

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 21,734 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 112 properties listed for sale, and 58 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1178 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

Market Insights
Frankston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Frankston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.