73 Monterey Boulevard, Frankston North, VIC 3200 sold on 05 October 2025 | OnTheHouse
 
SOLD
Sold on 05 Oct 2025 for $801,000

73 Monterey Boulevard
Frankston North VIC 3200

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 725m2
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Property Details for 73 Monterey Bvd, Frankston North

73 Monterey Bvd, Frankston North is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 725m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 3 bedroom House sold in Frankston North in the last 12 months.

Building Type
House
Land Size
725m2

Last Listing description (October 2025)

On a generous ~725 sqm (approx.) block, this three-bedroom residence combines immediate comfort with outstanding scope for the future. Bright, inviting interiors flow through practical living spaces, while the expansive backyard sets the stage for a renovation, an inspired extension, or a complete redevelopment (STCA).

Already returning $2,390 per month ($550 per week approx.) with reliable tenants, it offers both a turnkey investment and a rare opportunity to unlock serious long-term growth in one of Melbourne’s fastest-rising corridors.

Property Features
-Light-filled lounge framed by polished hardwood floors
-Kitchen/meals zone with gas cooking and scope to modernise
-Three well-sized bedrooms with plush carpets
-Central bathroom with shower-over-spa + separate toilet
-Full-sized laundry for convenience
-Fresh paint, new blinds & ducted heating throughout
-Covered patio ideal for entertaining
-Expansive backyard offering space for extension or subdivision (STCA)

Location Features
-5 min walk to Monterey Community Park (500m)
-6 min walk to Pines Forest Aquatic Centre (500m)
-7 min walk to Mahogany Rise Primary School (500m)
-8 min drive to Bayside Centre (4.5km)
-8 min drive to Frankston Station (4.4km)
-11 min drive to Frankston Beach (5.1km)
-12 min walk to Monterey Secondary College (950m)

A home with present-day liveability, a healthy rental yield, and a block brimming with potential — 73 Monterey Boulevard is the smart choice for first-home buyers, investors, or developers looking to capitalise on land, location, and growth.

Photo ID required at all open for inspections.

Disclaimer: We have in preparing this document used our best endeavors to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 73 Monterey Bvd, Frankston North, VIC 3200

A timeline of how this property has performed in the market
Last Sold
$801,000
05 Oct 2025
Listed for Rent
$420/w
03 Jun 2022
  • 05 Oct 2025
    Sold for $801,000
  • 27 Aug 2025
    Listed for Sale AUCTION THIS SUN @ 2:30PM $693,000 - $753,000
  • 19 Apr 2022
    Listed for Rent $420 / week
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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 2,778 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 6 properties listed for sale, and 3 properties listed for rent in Frankston north on OnTheHouse. According to Cotality's data, 151 properties were sold in the past 12 months in Frankston north.

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