2 Keast St, Frankston South is a 2 bedroom, 1 bathroom Townhouse. The property has a land size of 381m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 2 bedroom Townhouse sold in Frankston South in the last 12 months.
Expressions of Interest Closing Thursday 28th May at 2pm (Unless Sold Prior)
A rare and compelling opportunity in one of Frankston South's most admired coastal enclaves, this original residence offers exceptional scope to craft something truly special just moments from the base of Olivers Hill and only a short stroll from stairs descending to the beach and foreshore boardwalk.
Set in the highly sought Frankston High School zone, the single-level home holds all the ingredients for an inspired transformation, whether beautifully restored to celebrate its original character, thoughtfully extended, or reimagined as a striking contemporary home in a tightly held pocket renowned for its grand tree-lined streets, charming period homes and enduring seaside prestige.
Rich with charm and authenticity, the home retains the warmth and integrity of its era, with high ceilings, original timber floorboards ready for revival and the solid craftsmanship that creates the perfect foundation for renovation. The existing layout includes a welcoming lounge with open fireplace, central dining room and classic kitchen with gas cooking and breakfast area.
A generous main bedroom, sunlit second bedroom, an updated bathroom with shower and corner spa bath, study nook and flexible utility room opening directly to the rear provide excellent functionality, while secure off-street parking behind double gates allows space for a future carport or garage.
Equally appealing as an affordable entry into this blue-chip neighbourhood, a charming downsizer by the bay, or a rewarding renovation project, the coveted position is also doors from Montague Park, Kars St bus stops and minutes from Peninsula University Hospital, Monash University, the train station, aquatic centre and Frankston's fabulous choice of restaurants, art centre, entertainment venues and endless shopping. Land size 381sqm approx.
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 8,120 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:
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