40 Lipton Drive, Frankston, VIC 3199 sold on 10 April 2025 | OnTheHouse
SOLD
Sold on 10 Apr 2025 for $712,000

40 Lipton Drive
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 615m2
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Property Details for 40 Lipton Dr, Frankston

40 Lipton Dr, Frankston is a 3 bedroom, 2 bathroom House. The property has a land size of 615m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 3 bedroom House sold in Frankston in the last 12 months.

Building Type
House
Land Size
615m2

Last Listing description (April 2025)

Privately set behind high fencing on a corner block in the sought-after Maryland's Estate, this impressive modern home offers a spacious and well-considered layout, ideal for entertaining. Complete with an in-ground swimming pool and expansive covered deck, it's perfect for year-round gatherings while enjoying serene treetop views across Bunarong Park.

Property Features:

• Open-plan living showcasing a spacious and functional layout

• Stylish kitchen features a huge island with seating and generous storage
• Light-filled dining and lounge areas flow seamlessly from the kitchen
• Lounge enhanced by a cozy log burner and split system air conditioning for year-round comfort
• Three bedrooms, each fitted with built-in robes and ceiling fans
• Master bedroom includes a sleek ensuite with stone vanity and large walk-in rainfall shower
• Family bathroom mirrors the ensuite with both a shower and a bath
• Generous L-shaped backyard provides secure space for kids and pets
• Energy-efficient additions include a solar power system and Smart Lifestyle Heat Pump hot water system

This superb location is within walking distance to Karingal Hub Shopping Centre, Ballam Park, and McClelland Secondary College, with easy access to the beach, local primary schools, the CBD, and major freeways.

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Property History for 40 Lipton Dr, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$712,000
10 Apr 2025
Listed for Rent
$630/w
29 Sep 2025
  • 27 Aug 2025
    Listed for Rent $630 / week
  • 28 Apr 2025
    Listed for Rent $650 / week
  • 07 Apr 2025
    Sold for $712,001
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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 21,756 properties. Over the last 5 years, Houses in Frankston have seen a 37.66% increase in median value, while Units have seen a 34.11% increase. As at 30 November 2025:

  • The median value for Houses in Frankston is $855,978 while the median value for Units is $580,928.
  • Houses have a median rent of $570 while Units have a median rent of $480.
There are currently 68 properties listed for sale, and 59 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1189 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

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Taylor-Jade Van Eldik
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OBrien Real Estate Frankston
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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.