1 Mulberry Cres, Frankston North is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 550m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Exceptionally displayed on a corner 528sqm (approx.) allotment just moments from shops, transport, schools and parklands, this refreshed 3-bedroom home perfectly blends form and functionality with subdued contemporary enhancements for an idyllic, relaxed life. Kick back and enjoy a truly comfortable lifestyle in a lucrative bayside position, or explore the options for subdivision and redevelopment (STCA) - the possibilities are endless!
Hidden from the street beyond full-height fences, the home's traditional layout has been opened for maximised livability, retaining its rich original features and enhancing them with a fresh modern style. Open living and dining areas are edged by a stylish peninsula kitchen with granite-look benches and a gas cooker, leading through the laundry to the covered alfresco zone/triple carport. Two of the three bedrooms along the hallway feature built-in robes, all serviced by a stunning central bathroom with a rainfall shower.
Split-system air conditioning, a rainwater tank, a storage shed and a gated driveway finish a rare opportunity for the avid lifestyle investor, ideally positioned near Mornington Peninsula Freeway/Eastlink, Seaford Hotel, Aldercourt Primary, Monterey Secondary, Frankston-bound buses and the shimmering waters of Seaford Beach.
The size of Frankston North is approximately 5.1 square kilometres. It has 17 parks covering nearly 37.0% of total area. The population of Frankston North in 2016 was 5762 people. By 2021 the population was 5711 showing a population decline of 0.9% in the area during that time. The predominant age group in Frankston North is 30-39 years. Households in Frankston North are primarily single parents and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Frankston North work in a trades occupation.In 2021, 52.20% of the homes in Frankston North were owner-occupied compared with 51.10% in 2016.
Frankston North has 2,779 properties. Over the last 5 years, Houses in Frankston North have seen a 53.89% increase in median value, while Units have seen a 51.86% increase. As at 30 November 2025:
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