27 Lewis Street, Frankston, VIC 3199 | Property Value & History | OnTheHouse
FOR SALE

27 Lewis Street
Frankston VIC 3199

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 148m2
Land area: 717m2
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Property Details for 27 Lewis St, Frankston

27 Lewis St, Frankston is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 717m2 and floor size of 148m2.This Property is currently listed for sale with OBrien Real Estate Frankston

Building Type
House
Floor Size
148m2
Land Size
717m2
Local Government
Frankston
Lot/Plan
1/LP20233

Last Listing description (March 2026)

Flaunting up to three street frontages and a square 717 sq. metre (approx.) allotment with incredible upside, this 4-bedroom, 2-bathroom home delivers an abundance of potential in one of Frankstons most central settings. A classic layout with a substantial footprint begs for reinvention beside a large rear yard with laneway access thats ideal for renovators to flex their creative muscle or investors to maximise their returns (STCA).

A unique floorplan offers separately zoned living and dining spaces, a central kitchen well-sized for modern living, and four robed bedrooms privately zoned towards the quieter end of the home. Two family bathrooms offer the platform needed for easier reimagination, stepping outside to incredible potential across its already-separated rear yard, allowing for the opportunity to subdivide or redevelop with ease (STCA).

An exciting opportunity to renovate or reimagine the original home, subdivide and sell to the rear, build your own additional residence, or start over with a multi-site build, this incredibly rare prospect sits just metres from the northern edge of Frankstons CBD, steps from public transport, boutique and department stores, chic cafes and all-new restaurants, Chisholm TAFE, PARC Recreation Centre, freeway access, and the beautiful Frankston foreshore.

Rare strategic significance at Frankstons heart, ready for influential transformation and growth. Act quickly.

This property is currently leased out, the lease details are as follows:

Term: Month X Month
Monthly Rent: $2520 per month

Property History for 27 Lewis St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$750,000
17 Mar 2017
Listed for Rent
$398/w
23 Sep 2019
  • 04 Mar 2026
    Listed for Sale $940,000 - $1,034,000 - Corner Block
  • 09 Aug 2019
    Listed for Rent - Price not available
  • 17 Mar 2017
    Sold for $750,000
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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 21,718 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 108 properties listed for sale, and 56 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1181 properties were sold in the past 12 months in Frankston.

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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.