40 Fairway Street, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

40 Fairway Street
Frankston VIC 3199

Bedrooms: -
Bathrooms: 1
Car spaces: 2
Floor area: 120m2
Land area: 763m2
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Last updated 12 Jan 2026
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Property Details for 40 Fairway St, Frankston

40 Fairway St, Frankston is a 0 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 763m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Floor Size
120m2
Land Size
763m2
Local Government
Frankston
Lot/Plan
13/LP34394

Last Listing description (January 2023)

What an absolute golden opportunity to secure a fantastic property in Central Frankston that's loaded with endless opportunities. Packed with potential and ready to renovate or develop, this classic beauty presents a prime outlook for the savvy investor, developer/builder or first home buyer looking for a project.

Sitting on a whopping 760sqm and perfectly positioned sits this 3-bedroom, 1-bathroom character home. Offering spacious living zone, single carport, all waiting for you to add your own stamp and bring this residence back to its former glory with the potential to build two townhouses (S.T.C.A)


Location is paramount with everything at your doorstep including schools, shops, cafes, public transport, and easy access to Peninsula Link. This is a unique opportunity to secure this little ripper to call your own.

Do not miss out on this opportunity - make sure you add it to your open home list before it's SOLD!

Property History for 40 Fairway St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$625,000
30 Nov 2022
Listed for Rent
$345/w
29 Apr 2020
  • 30 Nov 2022
    Sold for $625,000
  • 17 Oct 2022
    Listed for Sale UNDER CONTRACT!
  • 23 Dec 2019
    Listed for Rent $360 / week
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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 21,752 properties. Over the last 5 years, Houses in Frankston have seen a 38.00% increase in median value, while Units have seen a 33.85% increase. As at 31 December 2025:

  • The median value for Houses in Frankston is $863,752 while the median value for Units is $590,364.
  • Houses have a median rent of $575 while Units have a median rent of $490.
There are currently 83 properties listed for sale, and 57 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1165 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.