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11/17-19 Hill Street, Frankston$377,500
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For Saleapartment

11/17-19 Hill Street

Frankston, VIC 3199, Australia
$360,000 – $395,000
2 bed 1 bath

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About this property

It's Addressed: Perfectly positioned in a quiet and well-maintained over 55s community, this neat and comfortable two-bedroom unit presents an outstanding opportunity for investors seeking a secure, low-maintenance property in a highly convenient Frankston location. The home offers a functional and light filled layout, featuring a welcoming living and dining area, a well appointed kitchen with ample storage, and two generous bedrooms and the main has built in robes. A central bathroom and laundry, and easy care surrounds further enhance the home, while the peaceful setting provides a relaxed lifestyle with minimal upkeep. Comfortable as is, the property also provides scope to personalise and add value over time, making it an appealing long term option. Residents enjoy a quiet, community focused environment designed for over 55s living, with a strong sense of security and neighbourly appeal. From an investment perspective, the property is currently leased until 18 April 2028, returning $650 per fortnight, with an increase to $700 per fortnight effective from May 2026. This secure tenancy offers an attractive and reliable income stream, making it a set and forget addition to any portfolio. Conveniently located close to local shops, public transport, medical facilities and parkland, as well as easy access to Frankston CBD, the beach and major arterial roads, this is an excellent opportunity to secure a quality home in a sought after lifestyle position. For more Real Estate in Frankston, contact your Area Specialist. Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Listed
3 months ago

Repayment calculator

$1,830/month
$915 /fortnight
Loan $302,000 at 6.10% over 30 years

Upfront costs

Deposit$75,500
Stamp duty$17,720
Conveyancing (est.)$2,000
Total upfront$95,220
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Frankston

This 2-bedroom apartment in Frankston, VIC 3199 sits within reach of public transport, local shops and nearby schools. It is listed 54% below the $815,000 median of 54 comparable apartmentswithin 5 km.

Schools near Frankston

  • Frankston Special Developmental Schoolcombined · U · CoEd
  • Ballam Park Primary Schoolprimary · Prep-6 · CoEd
  • Frankston East Primary Schoolprimary · Prep-6 · CoEd
  • Frankston Heights Primary Schoolprimary · Prep-6 · CoEd
  • Frankston Primary Schoolprimary · Prep-6 · CoEd
  • Karingal Heights Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Frankston Station, platform 2 (train)1.6 km away
  • Tyrepower1.5 km away
  • Unnamed1.1 km away
  • Beauty Park1.5 km away
  • Unnamed1.6 km away

Frankston at a glance

Full suburb profile
Population
37,331
Median age
39
Household income
$1,387/wk
Median rent
$342/wk
Median mortgage
$1,733/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Frankston price trend

Median sold · Unit 2 bed

Compound growth +3.9% / yr over 4 yrs

$575kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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