38a Grange Rd, Frankston South is a 3 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 267m2. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 3 bedroom Unit sold in Frankston South in the last 12 months.
Bathed in natural light and positioned in one of Frankston South's most coveted locations atop Oliver's Hill, this north-facing three-bedroom unit presents an outstanding opportunity for those wishing to downsize without compromising on privacy, space or lifestyle. Perfectly placed just two doors from the tranquil Sweetwater Creek boardwalk and within the Frankston High School Zone, it occupies a premium private position at the rear of only two residences, with no body corporate.
Refreshed with new carpets and paintwork throughout, the home has been exceptionally well maintained and is ready for immediate enjoyment. The generous single-level layout, low-maintenance design and peaceful leafy cul-de-sac setting provide a superb blend of comfort and ease, moments from the beach, local shops, cafes and picturesque walking trails.
Additional Features:
A rare offering in a tightly held lifestyle location, perfectly suited for those seeking to slow down, lock and leave with ease, or secure a quality long-term investment near the coast.
The size of Frankston South is approximately 14.6 square kilometres. It has 36 parks covering nearly 10.1% of 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 8,141 properties. Over the last 5 years, Houses in Frankston South have seen a 35.14% increase in median value, while Units have seen a 25.71% increase. As at 31 January 2026:
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