7 Wallace Ave, Frankston is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1967. The property has a land size of 1159m2 and floor size of 207m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
Located in the FHSZ this huge house and block is ripe for the renovations or development with potential to build 3 townhouses (STCA).
What an opportunity to turn this great family home into something special, with plenty of room for your imagination to run wild as well as the kids or pets in that generous back yard.
Features include
In a prized location, this home are just steps from Monash University, Leawarra Station, Jubilee Park and are on the fringe of Frankston CBD with excellent schools, beaches and freeway access within minutes. This golden opportunity is not to be missed.
Call Martin on 0401 390 244 arrange an inspection today.
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 21,779 properties. Over the last 5 years, Houses in Frankston have seen a 14.92% increase in median value, while Units have seen a 20.83% increase. As at 30 June 2026:
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