34 Burns Street, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

34 Burns Street
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 95m2
Land area: 607m2
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Property Details for 34 Burns St, Frankston

34 Burns St, Frankston is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 607m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
1960
Floor Size
95m2
Land Size
607m2
Local Government
Frankston
Lot/Plan
18~2/LP1367

Last Listing description (July 2023)

Rarely do you get a property that delivers so many different opportunities. Move in and enjoy as is, take advantage of the red-hot rental market or capitalise on the Mixed Use Zoning with the ability to develop a multi-level complex (STCA).

The central location in Frankston's 'Golden Triangle' coupled with the close proximity to Monash University and within the Frankston High School zone, all underpin the value proposition.

The property is ready for the astute investor to gain an immediate return on the booming rental market. Similarly, create a passive income through the development of apartments, a rooming house or even a commercial facility such as a medical rooms (STCA).

Sitting in 615sqm (aaprox), the existing dwelling includes three bedrooms, a family bathroom with bath and car accommodation for up to two cars. Additionally, the home has been recently been re-painted and new carpet added to the bedrooms.

The question is what opportunity will you take.

Property History for 34 Burns St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$640,000
14 May 2023
Listed for Rent
$280/w
11 Apr 2013
  • 14 May 2023
    Sold for $640,000
  • 18 Nov 2022
    Listed for Sale $730,000 - $795,000
  • 04 May 2022
    Listed for Sale $790,000 - $869,000
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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 21,737 properties. Over the last 5 years, Houses in Frankston have seen a 28.17% increase in median value, while Units have seen a 31.91% increase. As at 31 March 2026:

  • The median value for Houses in Frankston is $868,576 while the median value for Units is $592,456.
  • Houses have a median rent of $580 while Units have a median rent of $490.
There are currently 117 properties listed for sale, and 68 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1166 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.