5/23 Fairway Street, Frankston, VIC 3199 | Property Value & History | OnTheHouse
 
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5/23 Fairway Street
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 759m2
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Last updated 12 Jan 2026
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Property Details for 5/23 Fairway St, Frankston

5/23 Fairway St, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1968. The property has a land size of 759m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in April 2015.

Building Type
Unit
Year Built
1968
Floor Size
61m2
Land Size
759m2
Local Government
Frankston
Lot/Plan
13/RP9326

Last Listing description (August 2015)

This fabulously renovated 2 bedroom home is an exceptional start for any first home buyer, investor or retiree.
Very well presented and boasting an impressive lounge flowing through to a new kitchen featuring electric appliances.
Both bedrooms are generous sized with built in robes.

The combined bathroom and laundry
include a shower, toilet, vanity and room for a washing machine and dryer.
Heating and cooling is maintained by a split system unit and the property is complimented by its own car space.
Currently tenanted for $250.00 per week on a month to month lease.
Only a short stroll to Frankston CBD, foreshore, Aquatic Centre, local shops, schools and amenities.
Call now to inspect!

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Property History for 5/23 Fairway St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$220,000
12 Apr 2015
Listed for Rent
$235/w
28 Aug 2013
  • 12 Apr 2015
    Sold for $220,000
  • 15 Jan 2015
    Listed for Sale $200,000 Plus
  • 16 Jan 2014
    Listed for Sale BUYERS OVER $199,000
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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 21,753 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 86 properties listed for sale, and 61 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1157 properties were sold in the past 12 months in Frankston.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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