2 Lara Court, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

2 Lara Court
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 123m2
Land area: 606m2
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Property Details for 2 Lara Ct, Frankston

2 Lara Ct, Frankston is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1960. The property has a land size of 606m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in August 2025.

Building Type
House
Year Built
1960
Floor Size
123m2
Land Size
606m2
Local Government
Frankston
Lot/Plan
122/LP55740

Last Listing description (October 2025)

Perfectly positioned at the end of a quiet court, 2 Lara Court, Frankston offers a rare opportunity to secure a generous 600sqm (approx.) parcel of land in one of the peninsula's fastest-growing corridors. Whether you're looking to nest, invest or develop (STCA), this solid three-bedroom home is packed with potential.

Key features:
- 3 bedrooms, 1 bathroom, single garage

- 600sqm (approx.) of flat land with wide frontage
- Ideal for renovation, redevelopment, or investment (STCA)
- Quiet court location close to shops, schools, and transport
- Moments to Frankston CBD and the beach

Step inside to discover a comfortable and functional layout, featuring three well-sized bedrooms, a central bathroom, and a light-filled living area that flows into a practical kitchen and meals zone. The home is immediately liveable or rentable, offering a chance to generate income while you plan your next move.

What truly sets this property apart is the block size and location. With wide frontage and flat land, it presents outstanding potential for redevelopment whether that's a luxury new build, dual-occupancy project, or simply a long-term landbank in a thriving growth suburb (STCA).

Located moments from Peninsula Link, local shops, public transport, and Frankston's vibrant CBD, this address places you near excellent schools, parks, and of course, the beautiful bay beaches.

This is more than just a property - it's a rare opportunity to secure a future in one of Frankston's most promising growth pockets. Whether you're dreaming of a family home renovation, a smart investment, or a boutique development, 2 Lara Court delivers the location, land size, and lifestyle to match. Inspect with confidence - opportunities like this are few and far between.

Property History for 2 Lara Ct, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$623,000
09 Aug 2025
Listed for Rent
$260/w
05 Sep 2012
  • 09 Aug 2025
    Sold for $623,000
  • 21 Jul 2025
    Listed for Sale $590,000 - $649,000
  • 09 Jan 2020
    Listed for Rent $325 / week
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About Frankston 3199

The size of Frankston is approximately 19.8 square kilometres. There are 72 parks, covering nearly 21.2% of the 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 21,835 properties. Over the last 5 years, Houses in Frankston have seen a 7.98% increase in median value, while Units have seen a 12.98% increase. As at 31 August 2026:

  • The median value for Houses in Frankston is $815,119 while the median value for Units is $558,435.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 138 properties listed for sale, and 74 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1016 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.