3/7 Mereweather AvenueFrankston VIC 3199
Property Details for 3/7 Mereweather Ave, Frankston
3/7 Mereweather Ave, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1101m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 2 bedroom Unit sold in Frankston in the last 12 months.
Last Listing description (May 2016)
*** UNDER CONTRACT***
Approximately 2162m2 of prime Real Estate, positioned within the highly sought after 'Ebdale Precinct'.
5 x spacious 2 bedroom units/apartments are positioned towards the east boundary allowing them to be retained then re-development of the balance of the site (STCA). Alternatively push everything over and start again.
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5 x two BR units (located on 7 Mereweather)
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2 x houses (located on 3 & 5 Mereweather)
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Commercial 1 Zone (Business 5)
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Sought after 'Ebdale Precinctn-
High density development encouraged
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350m from Port Phillip Bay (Approx.)
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Easy walking distance to Frankston CBD
Total current rental income is in excess of $78,000 P/A (with potential in increase)
Property History for 3/7 Mereweather Ave, Frankston, VIC 3199
- 20 Dec 2025Sold for $408,000
- 15 Mar 2023Sold for $1,800,000
- 17 Aug 2021Sold for $426,741
Recent sales nearby
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0About 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 21,762 properties. Over the last 5 years, Houses in Frankston have seen a 37.92% increase in median value, while Units have seen a 37.00% increase. As at 31 January 2026:
- The median value for Houses in Frankston is $874,464 while the median value for Units is $593,610.
- Houses have a median rent of $580 while Units have a median rent of $490.
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