4 Balcombe StreetFrankston VIC 3199
Property Details for 4 Balcombe St, Frankston
Last Listing description (June 2026)
Positioned in one of Frankstons most tightly held pockets, 4 Balcombe Street presents a rare opportunity to secure premium residential land with an approved planning permit already in place for a luxurious double-storey residence.
Whether you are looking to build your dream owner-occupied home or secure a premium land holding in a high-demand coastal location, this property offers outstanding lifestyle and future growth potential.
Key Highlights
Ideal for owner-occupiers seeking a premium custom home opportunity
Limited availability of similar vacant land in this established and highly sought-after pocket
Approx. 3-minute drive to:
Peninsula University Hospital
Monash University Peninsula Campus
Frankston High School
Approx. 6-minute drive to Frankston Pier and the beautiful Frankston foreshore
Close proximity to parks, cafes, beaches, transport, shopping and medical facilities
Easy access to Melbourne CBD via Peninsula Link and Frankston Train Station
Nearby Schools
Frankston High School
Frankston Primary School
Frankston Heights Primary School
John Paul College
St Francis Xavier Catholic Primary School
Nearby Shopping & Lifestyle
Bayside Centre
Frankston Power Centre
Karingal Hub
Frankston Beach & Foreshore
George Pentland Botanical Gardens
Frankston continues to experience strong buyer demand due to its bayside lifestyle, major infrastructure investment, hospital expansion, university presence, and improving caf and retail scene. The area is increasingly attracting families, professionals and owner-occupiers seeking coastal living with city connectivity.
A premium opportunity like this is becoming increasingly hard to find.
Enquire today to secure this exceptional parcel of land in one of Frankstons most convenient and fast-growing locations
Property History for 4 Balcombe St, Frankston, VIC 3199
- 20 May 2026Listed for Sale $610,000 - $630,000
- 28 Mar 2025Listed for Sale $500,000 - $530,000
- 27 Mar 2025Sold for $510,000
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 21,697 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.
Suburb Insights for Frankston 3199
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