5/28 Lewis Street, Frankston, VIC 3199 sold on 06 August 2026 | OnTheHouse
SOLD
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Sold on 06 Aug 2026 for $450,000

5/28 Lewis Street
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 113m2
Sold By
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fosterfroling Real Estate
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Property Details for 5/28 Lewis St, Frankston

5/28 Lewis St, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 113m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 2 bedroom Unit sold in Frankston in the last 12 months.

Building Type
Unit
Year Built
1980
Land Size
113m2
Local Government
Frankston
Lot/Plan
10/RP8308

Last Listing description (September 2026)

Another neat and well-maintained Frankston investment successfully sold off market.

Positioned within an established complex, this two-bedroom residence offered a straightforward, low-maintenance investment with a secure tenancy already in place.

Our most recent routine inspection confirmed the property was being kept clean and tidy throughout, with no issues reported across the lounge, kitchen/meals area, bedrooms or bathroom/laundry facilities.

The property featured:

Two bedrooms
Separate lounge room
Functional kitchen and meals area
Split system heating and cooling
Combined bathroom and laundry
Separate toilet
Private outdoor courtyard
Low-maintenance accommodation

At the time of sale, the property was returning $760 per fortnight, with the current tenancy secured until April 2027.

Offering an affordable entry point into the Frankston market together with immediate rental income, the property represented an attractive proposition for investors seeking a simple, established holding.

Sold off market through fosterfroling Real Estate and matched directly with a buyer from our established investor network.

Property History for 5/28 Lewis St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$450,000
06 Aug 2026
  • 06 Aug 2026
    Listed for Sale Not Disclosed
  • 06 Aug 2026
    Sold for $450,000
  • 29 Jun 2021
    Sold for $365,000
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About Frankston 3199

The size of Frankston is approximately 19.8 square kilometres. There are 72 parks, covering nearly 21.2% of the 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 21,832 properties. Over the last 5 years, Houses in Frankston have seen a 7.98% increase in median value, while Units have seen a 12.98% increase. As at 31 August 2026:

  • The median value for Houses in Frankston is $815,119 while the median value for Units is $558,435.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 140 properties listed for sale, and 70 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1025 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.