40 Kareela Rd, Frankston is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 724m2. While the property is not currently for sale or for rent, it was last sold in September 2016.
Positioned on a prized corner allotment in a well-connected pocket of Frankston, this beautifully refreshed home offers exceptional flexibility and lifestyle appeal. Thoughtfully updated throughout, the versatile floorplan provides the option of two spacious living areas or a third bedroom/home office, making it ideal for families, couples working from home or those seeking extra space to spread out and enjoy.
Features include:
- Flexible floorplan offering 2 bedrooms, 2 bathrooms and 2 living zones
Perfectly located within walking distance to local favourites including Two Boys One Beagle, A Coffee Shop and Herbert's Corner Store, the home enjoys a genuine neighbourhood atmosphere. Families will appreciate the proximity to Frankston East Primary School, St Johns Primary and McClelland Secondary College, while Ballam Park, local reserves, major shopping centres and the Frankston foreshore are all just moments away.
Offering comfort, convenience and an incredibly versatile layout, this is a home that can easily adapt to your lifestyle needs. Whether you require additional living space, a dedicated work-from-home setup or the flexibility of a third bedroom, this property delivers endless possibilities in a sought-after location.
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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 21,776 properties. Over the last 5 years, Houses in Frankston have seen a 11.22% increase in median value, while Units have seen a 16.96% increase. As at 31 July 2026:
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