44 Wallace Avenue, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

44 Wallace Avenue
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 145m2
Land area: 556m2
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Property Details for 44 Wallace Ave, Frankston

44 Wallace Ave, Frankston is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1977. The property has a land size of 556m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in April 2025.

Building Type
House
Year Built
1977
Floor Size
145m2
Land Size
556m2
Local Government
Frankston
Lot/Plan
2/LP73414

Last Listing description (May 2025)

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 cooks 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. Youll 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, youll 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, youll be loving your Frankston lifestyle as soon as youve unpacked. If youve 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!

Property History for 44 Wallace Ave, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$900,000
01 Apr 2025
  • 01 Apr 2025
    Sold for $900,000
  • 26 Mar 2025
    Listed for Sale $850,000 - $930,000
  • 21 Aug 2014
    Sold for $400,000
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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 21,741 properties. Over the last 5 years, Houses in Frankston have seen a 28.17% increase in median value, while Units have seen a 31.91% increase. As at 31 March 2026:

  • The median value for Houses in Frankston is $868,576 while the median value for Units is $592,456.
  • Houses have a median rent of $580 while Units have a median rent of $490.
There are currently 119 properties listed for sale, and 59 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1174 properties were sold in the past 12 months in 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.