21 Lambert Street, Frankston North, VIC 3200 | Property Value & History | OnTheHouse
OFF MARKET

21 Lambert Street
Frankston North VIC 3200

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 99m2
Land area: 587m2
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Property Details for 21 Lambert St, Frankston North

21 Lambert St, Frankston North is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 587m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in August 2024.

Building Type
House
Year Built
1960
Floor Size
99m2
Land Size
587m2
Local Government
Frankston
Lot/Plan
961/LP60649

Last Listing description (September 2024)

Offering buyers a range of options, this property presents a great opportunity for rental, renovation, sub-division or a rebuild (subject to council approval) making it ideal for investors or developers. Alternatively it would also be suitable for 1st home buyers or families looking for a home to make their own, either with just a little TLC or as a complete update.

The fenced and gated property provides a spacious front garden and off-street parking, and inside it boasts ducted evaporative cooling and split system reverse cycle air-conditioning, plus a combination of slate tiles and timber floorboards throughout. Enter into a spacious open-plan living/dining room with flued wood burner, alongside a timber kitchen with plenty of storage, a built-in oven/grill, gas cooktop and a view over the garden.

A hallway leads to 3 good-sized bedrooms which are serviced by a bathroom with shower and vanity, plus separate toilet and large laundry with garden access. Outside, the large back garden is fully-fenced and includes a patio area, lemon tree and shed.

In this family-friendly location, the home is moments to a milk bar, Mahogany Rise Primary School, Monterey Community Park, the Pines Aquatic Centre, and bus stops, and walking distance to shops and Monterey Secondary College. It's also just a short drive to freeway access, Frankston CBD and beaches.

Open-plan living, dining and kitchen
3 bedrooms
Bathroom, WC, laundry
Spacious gardens
Potential to sub-divide (STCA)

https://www.obrienrealestate.com.au/office/obrien-real-estate-frankston/22161

Property History for 21 Lambert St, Frankston North, VIC 3200

A timeline of how this property has performed in the market
Last Sold
$476,000
24 Aug 2024
  • 24 Aug 2024
    Sold for $476,000
  • 17 Jul 2024
    Listed for Sale $445,000 - $489,500
  • 26 Sep 2011
    Sold for $255,000
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About Frankston North 3200

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:

  • The median value for Houses in Frankston North is $725,057 while the median value for Units is $627,020.
  • Houses have a median rent of $500 while Units have a median rent of $460.
There are currently 10 properties listed for sale, and 7 properties listed for rent in Frankston north on OnTheHouse. According to Cotality's data, 146 properties were sold in the past 12 months in Frankston north.

Suburb Insights for Frankston North 3200

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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.