40 Mcalister Street, Frankston, VIC 3199 sold on 04 August 2025 | OnTheHouse
 
SOLD
Sold on 04 Aug 2025 for $730,000

40 Mcalister Street
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 680m2
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Property Details for 40 Mcalister St, Frankston

40 Mcalister St, Frankston is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 680m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 3 bedroom House sold in Frankston in the last 12 months.

Building Type
House
Land Size
680m2

Last Listing description (August 2025)

Located just moments from the Frankston CBD, beach, train station and public transport, this 3-bedroom, 2-bathroom home offers plenty of potential for renovators, investors, or those seeking a versatile floorplan.

The home includes two generous living areas and the rare bonus of a second kitchen—perfect for extended family, dual living, or future rental income (STCA). While it's in need of some work, the solid bones and unbeatable central location make this a smart buy for anyone with vision.

Positioned in the heart of Frankston Central, you'll enjoy easy access to shops, schools, transport and the bay. With a bit of TLC, this home could be transformed into something special.

Don't miss your chance to add value in one of Frankston's most convenient locations.

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Property History for 40 Mcalister St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$730,000
04 Aug 2025
Listed for Rent
$350/w
14 Sep 2016
  • 25 Jul 2025
    Sold for $730,000
  • 24 Jul 2025
    Listed for Sale $670,000 - $720,000
  • 17 Aug 2016
    Listed for Rent $350 / 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 21,724 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 115 properties listed for sale, and 59 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1176 properties were sold in the past 12 months in Frankston.

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