127 Overport Road, Frankston South, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

127 Overport Road
Frankston South VIC 3199

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 240m2
Land area: 3456m2
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Property Details for 127 Overport Rd, Frankston South

127 Overport Rd, Frankston South is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 3456m2 and floor size of 240m2. While the property is not currently for sale or for rent, it was last sold in August 2001.

Building Type
House
Year Built
1970
Floor Size
240m2
Land Size
3456m2
Local Government
Frankston
Lot/Plan
2/LP56290

Last Listing description (November 2025)

Set on an impressive allotment of approximately 3,456 m, this property presents a rare and versatile opportunity for astute buyers. Subject to council approval ("STCA"), the site offers potential for subdivision, making it an ideal canvas for a range of residential or commercial outcomes.

The existing improvements include a substantial family home plus a fully self-contained, modern unit, providing both immediate functionality and strong future development appeal:

Main Residence:

Four bedrooms (three with built-in robes), including a main bedroom with ensuite, plus a spacious central bathroom with double vanity, shower and spa.
Generous and flexible living spaces, including three separate living rooms and an open-plan kitchen/dining area.
Well-appointed kitchen with double oven, dishwasher, five-burner gas stove and rangehood.
Timber floorboards, hydronic heating, and a central intercom system.
Expansive undercover outdoor entertainment area of approximately 13 x 7 m perfect for large gatherings.
Circular driveway with portico entry.
Approx. 6 metre wide driveway on the right-hand side providing full access to the rear of the property.

Self-Contained Unit:
Fully renovated throughout with a modern kitchen featuring a four-burner gas stove, electric oven and large pantry.
Spacious open-plan living area.
Bedroom with wall-to-wall built-in robes.
Contemporary bathroom.
Enclosed artist's studio/sunroom offering flexibility for creative or lifestyle use.

Land & Surrounds:
The extensive grounds feature established fruit trees including apricot, pear, nectarine, plum, apple, quince and olive, along with a large garden shed. There's ample space to create your dream property and perhaps further enhance the property with a pool, tennis court or additional landscaped gardens.

Location & Potential Uses:
Zoned for Frankston High School and close to Toorak College, Derinya and Woodleigh Primary Schools, the property is ideally positioned for families. Its configuration and scale also lend themselves to a variety of future uses including medical, dental, chiropractic, day-care, aged care or residential redevelopment (STCA).

Strategically located within reach of public transport, local schools, Frankston's vibrant town centre, and beautiful beaches, this site aligns with recent government planning initiatives encouraging higher-density housing across Victoria (STCA).

This is a remarkable opportunity to capitalise on a substantial landholding with immediate appeal and significant future potential. Properties of this calibre are increasingly rare act quickly to secure this exceptional site.

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At Caris & Grace, all our properties are advertised at genuine prices - there is often more than one interested buyer for the same property and all buyers are given a fair and equal opportunity to make their best offer.

A note to buyers: all information (including but not limited to the property area, floor size, price, address, general property description, any income, rentals, dimensions, areas, zoning and permits) have been provided to Caris & Grace by third parties and accuracy cannot be guaranteed - although care is taken when preparing this information, information contained on this advertisement should not be relied upon and you should make your own enquiries and seek legal and financial advice in respect of any property listed for sale. Prices displayed are current at the time of issue, but may change and are subject to availability. Photos have been digitally staged to reflect the potential of the property, fixtures and fittings have remained the same to the best of the digital operator's ability.

Property History for 127 Overport Rd, Frankston South, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$310,000
20 Aug 2001
  • 26 Nov 2025
    Listed for Sale $1,795,000
  • 20 Aug 2001
    Sold for $310,000
  • 10 Mar 2000
    Sold for $310,000
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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 8,139 properties. Over the last 5 years, Houses in Frankston South have seen a 11.72% increase in median value, while Units have seen a 6.14% increase. As at 31 July 2026:

  • The median value for Houses in Frankston South is $1,227,734 while the median value for Units is $783,678.
  • Houses have a median rent of $720 while Units have a median rent of $610.
There are currently 31 properties listed for sale, and 10 properties listed for rent in Frankston south on OnTheHouse. According to Cotality's data, 345 properties were sold in the past 12 months in Frankston south.

Suburb Insights for Frankston South 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.