44 Wallace Ave, Frankston is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 556m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 4 bedroom House sold in Frankston in the last 12 months.
Set amidst beautifully landscaped gardens and just metres away from the Wallace Avenue Reserve, this character home has been thoughtfully updated to create a contemporary residence whilst retaining retro design flair. The striking clinker brick facade is framed and complimented by a high brick fence that creates an impressive street presence. Bluestone garden beds surround the property and are sure to impress and delight. Boasting authentic craftsmanship and charm throughout, architectural features including high ceilings with exposed beams and gorgeous picture windows, paired with a soft-neutral interior palette has resulted in stunning light-filled living spaces. The versatile floorplan can be customised to suit, and with two front entrances, offers possibilities to accommodate multi-generational families or establish a home-office. A recently updated cook’s kitchen and meals area with garden views is complete with induction cooktop, under-bench oven, dishwasher and excellent storage. There are four generous bedrooms, the main complete with stylishly renovated ensuite, and the modern renovated family bathroom is equipped with shower and bath. The garden design is inspired, with its carefully curated planting and several paved areas to relax and enjoy the sunshine or entertain friends and family. Additional features of the home include renovated laundry, reverse-cycle heating and cooling, shed, carport and off-street parking for several vehicles.
The home is located close to the Heatherhill Road and Towerhill shopping precincts, Frankston CBD, local beaches, public transport, excellent schools and Monash University Peninsula Campus. You’ll be spending many lazy afternoons out on the patio or sunning yourself on the front porch. When you are ready to venture further afield, there are wonderful parks and sporting facilities on your doorstep, you’ll be minutes from the spectacular beaches of Frankston and the Mornington Peninsula, and you will enjoy the shopping and amenities on offer in the Frankston CBD. With nothing to do but move straight in, you’ll be loving your Frankston lifestyle as soon as you’ve unpacked. If you’ve been looking for a home full of heart and personality, a one-of-a-kind authentic gem that you can call your own – this is the one!
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 21,770 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:
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