72 Lipton Drive, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

72 Lipton Drive
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 131m2
Land area: 535m2
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Property Details for 72 Lipton Dr, Frankston

72 Lipton Dr, Frankston is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1976. The property has a land size of 535m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
House
Year Built
1976
Floor Size
131m2
Land Size
535m2
Local Government
Frankston
Lot/Plan
30/LP113079

Last Listing description (February 2021)

Providing the perfect setting for relaxed family living, this bright and airy easy-care home is the ideal proposition for those with an active lifestyle.

Set on 531 sqm., this wonderfully presented 3-bedroom, plus study (or rumpus) home, includes an easy-flow kitchen and dining area, spacious living area, rear-set laundry, along with a large tiled family bath-room with standalone shower and separate toilet.

Towards the front of the home, the master bedroom faces north and includes ample built-in storage while the other two bedrooms are cradled close-by. With full length double-sized windows, a large living area offers space for two full-lounge suites, tables and entertainment centres. Close by, and within eye shot, the set-back rumpus, study, or family play area.

The family chef will delight in a fully appointed kitchen with built-in oven, island-set electric cooker and spaces for microwave and dishwasher. With ample above counter shelving, larder and wine rack it's fully tiled from prep to dining area. A double sliding door leads to the expansive covered alfresco deck offering an alternative space to serve eats and treats on balmy eve's or weekends.

Unwind in the south-facing raised garden with calming tree canopies, entertain friends at the unique outdoor cinema wall (a simple projector required) or gather around the B.B.Q. for a post-film snack 'n' drink, or two.

Interior features include recently serviced gas heating, ducted cooling, window blinds, a hideaway office workstation (in study / rumpus behind built in storage), a large shower, separate bath, standalone toilet, ingenious pull-out storage areas, recessed lighting and wall cornicing throughout. The roof is pitched and concrete-tiled and the outside lane-to-rear hints at a potential carport which would compliment the large workshop hidden behind the cinema wall.

A neatly presented street-facing easy-care allotment, along with accented hedging, is just the right size for family pets to stretch their paws before being walked to Bunarong Park, accessed via a lane, close-by. Just beyond the rear garden fence the much cherished Baxter Trail which links to the Peninsula Link Trail can whisk active homeowners away for the day by bicycle or foot.
This home is situated not far from Monash University, both of Frankston Hospitals, Leawarra train station, and is a short drive to Frankston CBD and foreshore beaches.

72 Lipton Drive is a fabulous spot for young families, down-sizers or investors alike to make their mark on the Frankston property scene.

Property Code: 137

Property History for 72 Lipton Dr, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$600,000
17 Jan 2021
  • 17 Jan 2021
    Sold for $600,000
  • 14 Jan 2021
    Listed for Sale $525,000 - $565,000
  • 11 Sep 2015
    Sold for $390,000
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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 21,756 properties. Over the last 5 years, Houses in Frankston have seen a 37.66% increase in median value, while Units have seen a 34.11% increase. As at 30 November 2025:

  • The median value for Houses in Frankston is $855,978 while the median value for Units is $580,928.
  • Houses have a median rent of $570 while Units have a median rent of $480.
There are currently 68 properties listed for sale, and 59 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1190 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.