4 Ithaca Rd, Frankston South is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 1131m2 and floor size of 188m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 3 bedroom House sold in Frankston South in the last 12 months.
Rich with irresistible character and with glorious space to enhance the home, subdivide the rear or redevelop into two or three units (STCA), this 1,131sqm (approx) property offers incredible appeal in the exclusive Olivers Hill precinct.
An easy stroll to Daveys Bay beach and a few minutes drive to both Frankston city centre and vibrant Mount Eliza village, this prized location is within the highly sought Frankston High School and Derinya Primary School zones, while tennis and bowls clubs are just steps from the door with Norman Ave shops just beyond.
Offering enormous privacy behind a gliding auto gate with a wide driveway that sweeps past the home to the extensive rear yard, the home offers grand proportions and beautiful period detailing featuring hardwood timber floors, high ceilings with ornate roses, slate stonework and picture rails paired with an array of harmonising updates over recent years.
An expansive living area provides wonderful space for lounging in front of a wood heater as well as formal dining with triple stacked sliding doors providing beautiful flow to a vast alfresco terrace with an outlook over leafy treetops.
A solid timber kitchen is fitted with a gas cooktop, wall oven and dishwasher, while an adjoining casual dining/family room opens directly to a breakfast deck overlooking lovely gardens.
The main bedroom boasts a walk-in robe, ensuite and sliding doors to the rear terrace in this enchanting seaside home, which includes a family bathroom with pedestal vanity, enormous sublevel storage and a large workshop/garage.
Available vacant possession, move straight in and start your renovations or rent out the home for a return while your development plans take shape.
Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.
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 8,131 properties. Over the last 5 years, Houses in Frankston South have seen a 31.41% increase in median value, while Units have seen a 23.43% increase. As at 28 February 2026:
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