29 Meerlu AvenueFrankston VIC 3199
Property Details for 29 Meerlu Ave, Frankston
29 Meerlu Ave, Frankston is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1975. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 3 bedroom House sold in Frankston in the last 12 months.
Last Listing description (November 2025)
Another Premium Off-Market Result | No Fuss, No Marketing, No Open For Inspections
At fosterfroling Real Estate, we were pleased to secure the discreet off-market sale of 29 Meerlu Avenue, Frankston, achieving a strong result through our exclusive network of qualified investors and buyer advocates.
Positioned on approximately 579sqm, this original three-bedroom, one-bathroom brick veneer home offered outstanding potential for refurbishment and long-term value uplift. In lived-in but cosmetically tired condition, it presented the ideal opportunity for renovators, owner-occupiers looking to add value, or savvy investors and developers seeking a project with proven upside.
The property offered a functional floor plan including a large master bedroom and two additional bedrooms with built-in robes, along with a central bathroom, separate laundry, living area, and dining space adjoining the kitchen. A generous backyard and single carport, plus additional parking space, completed the fundamentals of this value-driven purchase.
Adding significant appeal, plans and permits existed for a single-level two-bedroom dwelling at the rear of the block, providing further development flexibility (STCA).
Key Features Included:
Three-bedroom, one-bathroom brick veneer home
Approx. 579sqm block with excellent scope for improvement
Large master bedroom plus two additional bedrooms with BIRs
Central bathroom with separate bath and shower
Kitchen with gas cooking and adjacent dining area
Separate laundry
Generous backyard with garden shed
Single carport plus additional off-street parking
Central heating
Renovation, investment and development upside (plans & permits included)
Conveniently located within walking distance to McClelland Secondary College and Ballam Park, and moments from Karingal Hub, Peninsula Private Hospital, PARC, Peninsula Link access, shops, public transport and Frankston Beach, the property represented a rare opportunity to secure substantial value in an increasingly competitive pocket.
Another strong result delivered by fosterfroling Real Estate through our exclusive off-market strategy - no advertising campaign, no open homes and no fuss - just genuine buyer connections and premium negotiation.
If you're considering selling and would like to explore how our tailored off-market approach can deliver an exceptional outcome for your property, contact fosterfroling Real Estate today.
Property History for 29 Meerlu Ave, Frankston, VIC 3199
- 24 Nov 2025Listed for Sale $730,000
- 24 Nov 2025Sold for $780,000
- 04 Jun 2022Sold for $590,000
Recent sales nearby
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0About 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 21,688 properties. Over the last 5 years, Houses in Frankston have seen a 18.95% increase in median value, while Units have seen a 28.28% increase. As at 31 May 2026:
- The median value for Houses in Frankston is $850,246 while the median value for Units is $594,484.
- Houses have a median rent of $590 while Units have a median rent of $490.
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