24 Walbundry Ave, Frankston is a 3 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 697m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 3 bedroom House sold in Frankston in the last 12 months.
Offered for the first time in 56 years, this much-loved and immaculately maintained home presents a rare opportunity to secure a substantial parcel of land in a sought-after location. Set on a generous 697m2 (approx.) block in a quiet street, the property offers comfortable living today, while providing exciting scope for renovation, extension or future development potential (STCA).Beyond the charming brick archway entrance, framed by established greenery, lies a home that has been exceptionally cared for throughout its lifetime. Original in character and beautifully maintained, it offers a solid foundation for buyers looking to update and personalise over time, while also appealing to renovators and developers seeking a property with significant potential. Light-filled living spaces, a functional kitchen and dining area, and a spacious lounge create a warm and welcoming environment that can be enjoyed immediately. The home offers three bedrooms, all with built-in robes, including a generous main bedroom featuring custom cabinetry, ceiling fan and ensuite. A standout feature is the substantial rear room with its own private entrance, offering exceptional flexibility for modern living. Whether used as a home office, studio, rumpus room, guest accommodation or potential dual-living space, it provides options to suit a variety of lifestyles.Outside, the expansive allotment is complemented by established gardens, a productive vegetable patch, private paved courtyard and secure backyard. Double-gate side access provides ample room for multiple vehicles, trailers or caravans, while a large four-car garage offers outstanding storage. Solar panels and two water tanks add further appeal, enhancing the property's practicality and efficiency. Conveniently located close to Frankston's shopping precinct, public transport, local schools and the Long Island Golf club, this is a property rich in possibilities. Whether you're searching for a well-cared-for home to update and make your own, a renovation project with rewarding potential, or a large landholding with future development prospects, this much-loved home offers an exciting opportunity in a highly convenient location.
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 21,775 properties. Over the last 5 years, Houses in Frankston have seen a 11.22% increase in median value, while Units have seen a 16.96% increase. As at 31 July 2026:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.