42 Lipton Drive, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

42 Lipton Drive
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 138m2
Land area: 547m2
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Last updated 12 Jan 2026
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Property Details for 42 Lipton Dr, Frankston

42 Lipton Dr, Frankston is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 547m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Floor Size
138m2
Land Size
547m2
Local Government
Frankston
Lot/Plan
337/LP98421

Last Listing description (July 2025)

Step into comfort and convenience with this beautifully presented home, offering a seamless blend of style, space, and functionality. Boasting a light-filled north facing open-plan living and dining area enjoy generous proportions and uninterrupted natural light throughout the day, thanks to the homes prized corner position. Plus an additional living space complete with a cosy fireplace, there's room for the whole family to spread out and enjoy.

The heart of the home is the renovated kitchen featuring generous bench space and brand new stainless appliances, featuring ample storage and homely finishes perfect for the home chef. Fresh floating floors flow throughout the living zones, while newly installed carpet adds comfort to the bedrooms.


Comprising three generous bedrooms, the master suite is a standout with a large walk-in robe and a spacious ensuite. The remaining two bedrooms are fitted with built-in robes and share a sleek, freshly renovated family bathroom.

Stay comfortable year-round with a split system in the main living area and ceiling fans in the bedrooms for those warm summer nights.

Outdoors, enjoy an expansive backyard perfect for entertaining, play, or simply relaxing in your own private retreat. Both the front and back yards have been freshly landscaped, offering low-maintenance greenery and room for future growth.

This home is move-in ready. Located a short walk to Bunarong Park, the home is also close proximity to Frankston Heights Primary School, Ballam Park,
Jubilee Park and Karingal Shopping Centre.

Please note:
The wall heater in the living area is not operational and will not be repaired or replaced.
The inbuilt BBQ in the outdoor area is not operational and is not included in the tenancy.

For more Real Estate in Frankston contact your Area Specialist.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective tenants are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Property History for 42 Lipton Dr, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$660,000
19 Jun 2023
Listed for Rent
$680/w
03 Jul 2025
  • 24 Jun 2025
    Listed for Rent $680 / week
  • 19 Jun 2023
    Sold for $660,000
  • 02 Jun 2023
    Listed for Sale $600,000 - $660,000
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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 59 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1163 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.