38 Fairway St, Frankston is a 3 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 607m2 and floor size of 205m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 3 bedroom House sold in Frankston in the last 12 months.
Positioned in one of central Frankston's most sought-after pockets, this beautifully renovated, move-in-ready home offers the perfect blend of modern comfort, strong land value, and long-term versatility.
Set on approximately 607m, the home has been completely transformed from top to bottom, featuring a thoughtfully redesigned floorplan with three generous bedrooms, three brand-new bathrooms, stylish open-plan living, and quality finishes throughout. With absolutely nothing left to do, owner-occupiers can simply move in and enjoy, while investors can secure a high-quality asset ready for immediate tenancy.
Adding further appeal is the substantial land component, offering excellent outdoor space, secure parking, and long-term upside in a location where quality homes on generous allotments are becoming increasingly scarce.
Enjoy a quiet residential setting opposite parkland, all within easy walking distance to the beach, train station, shopping precinct, cafs, schools, and everyday amenities-making this a lifestyle location with broad appeal to both homeowners and investors alike.
Property Features:
Fully renovated throughout move-in ready
Three spacious bedrooms and three brand-new bathrooms
Completely redesigned floorplan
Stylish new kitchen and quality finishes throughout
Approx. 607m land | Approx. 143m home
Air conditioning for year-round comfort
Large undercover entertaining area and private backyard
Double garage at rear plus single carport at front
Quiet location opposite parkland
Key Inclusions:
All works completed by licensed tradespeople
Full restumping with approved permits
Full electrical upgrades throughout
Compliance certificates available
Please note: Marketing images include AI staging for presentation purposes only. Layout and proportions remain unchanged.
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 21,696 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:
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