38 Mcalister Street, Frankston, VIC 3199 | Property Value & History | OnTheHouse
 
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38 Mcalister Street
Frankston VIC 3199

Bedrooms: 5
Bathrooms: 2
Car spaces: 1
Floor area: 206m2
Land area: 680m2
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Last updated 16 Mar 2026
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Property Details for 38 Mcalister St, Frankston

38 Mcalister St, Frankston is a 5 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 680m2 and floor size of 206m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
House
Floor Size
206m2
Land Size
680m2
Local Government
Frankston
Lot/Plan
25/LP9135

Last Listing description (January 2020)

There has been a lot of great times and loved memories in this five-bedroom family home that raised a family of five children over the last 50 years but now it's time for someone to save it, chop the block and develop it or knock it over and start again. Presented in mostly original condition and comfortable to live in as is, it presents a blank canvas for those not afraid of a bit of hard work to breathe some new life into it in this great central location within walking distance to Frankston CBD, beach, station, Frankston hospital & Monash Uni.

Offering approximately 673sqm of prime land with established gardens there is also the option to sub-divide the block or knock the home over and build either a new home or two substantial townhouses. Whatever you chose, this home is located in one of Frankston's most sought after and developing areas so be quick to book your appointment today.


• Much loved five-bedroom home on approx. 673sqm of prime land
Multiple options to renovate or develop the property
Multiple light filled living rooms with garden outlook
Located in one of Frankston's sought after Hot Spots"
Walk to CBD, beach, schools, station & entertainment
• Perfect for home owners, investors or developer

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Property History for 38 Mcalister St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$610,000
11 Dec 2019
  • 11 Dec 2019
    Sold for $610,000
  • 15 Nov 2019
    Listed for Sale $580,000 - $630,000
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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 21,720 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 116 properties listed for sale, and 56 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1189 properties were sold in the past 12 months in Frankston.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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