1/23 Picnic Street, Frankston South, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

1/23 Picnic Street
Frankston South VIC 3199

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 157m2
Land area: 261m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 22 Jun 2026
Low

High
Save

Property Details for 1/23 Picnic St, Frankston South

1/23 Picnic St, Frankston South is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 261m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
Unit
Year Built
2006
Floor Size
157m2
Land Size
261m2
Local Government
Frankston
Lot/Plan
1/PS549186

Last Listing description (January 2025)

Nestled within arguably one of Frankston South's most coveted locales, this exquisite three-bedroom townhouse at 1/23 Picnic Street offers an idyllic retreat for downsizers, growing families, or those yearning for a serene sea change. Boasting a spacious 261 square metre parcel of land, the property marries style with effortless living, perfect for those who value both comfort and convenience.

The master bedroom, conveniently located on the ground floor, is accompanied by two further well-proportioned bedrooms, each basking in an abundance of natural light. The residence features two pristine bathrooms, ensuring ample space for both family life and hosting guests.

Entertain with ease in the expansive living areas or enjoy quiet evenings beside the warmth of the gas fireplace. Ducted heating and split system heating and cooling throughout ensure your comfort in any season. The oversized double garage provides secure parking and additional storage space.

Enjoy the benefits of low-maintenance living without compromising on luxury. This townhouse is just a stone's throw from the calming shores of Frankston Beach and a short distance from the charming amenities of both Frankston and Mount Eliza as well as the Norman Avenue Shopping strip.

Seize the opportunity to reside in a home that offers a harmonious blend of space, light, and location-a rare find for those who covet a tranquil yet connected lifestyle.

Property History for 1/23 Picnic St, Frankston South, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$838,000
16 Nov 2024
  • 16 Nov 2024
    Sold for $838,000
  • 08 Nov 2024
    Listed for Sale $838,000
  • 31 Aug 2009
    Sold for $500,500
Sign in to see more transactions
Commute Calculator

About Frankston South 3199

The size of Frankston South is approximately 14.6 square kilometres. There are 36 parks, covering nearly 10.1% of the total area. The population of Frankston South in 2016 was 18199 people. By 2021 the population was 18801 showing a population growth of 3.3% in the area during that time. The predominant age group in Frankston South is 40-49 years. Households in Frankston South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Frankston South work in a professional occupation.In 2021, 78.30% of the homes in Frankston South were owner-occupied compared with 76.20% in 2016.

Frankston South has 8,119 properties. Over the last 5 years, Houses in Frankston South have seen a 20.17% increase in median value, while Units have seen a 16.68% increase. As at 31 May 2026:

  • The median value for Houses in Frankston South is $1,259,951 while the median value for Units is $832,284.
  • Houses have a median rent of $695 while Units have a median rent of $600.
There are currently 33 properties listed for sale, and 9 properties listed for rent in Frankston south on OnTheHouse. According to Cotality's data, 366 properties were sold in the past 12 months in Frankston south.

Suburb Insights for Frankston South 3199

Market Insights
Frankston South Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Frankston South Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.