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2/5 Campbell Street, FrankstonPrice Withheld
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2/5 Campbell Street

Frankston, VIC 3199, Australia
Price Withheld
2 bed 1 bath 1 car

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About this property

For buyers wanting a low-maintenance investment in the heart of Frankston, this two-bedroom unit delivers immediate appeal with a long-term tenant already in place. Leased to the same fantastic tenant for the past five years, the property presents very well and offers the kind of stability investors value, with no body corporate and only three on the block adding to its straightforward appeal. The open-plan layout creates a practical, easy-care living space, supported by split system heating and cooling plus a gas heater for year-round comfort. Both bedrooms include built-in robes, while the kitchen comes equipped with an electric oven and gas hot plates. The bathroom is generously sized, the separate laundry is a welcome bonus, and the north-facing private yard provides a low-maintenance outdoor area that captures natural light and adds everyday liveability. In a central Frankston location, this is a smart choice for those seeking a solid addition to their portfolio or a well-positioned first step into the market. Contact me today for more details well-located properties with these features, no body corporate and a reliable tenant are rarely available for long.

Property Details

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

Repayment calculator

$3,951/month
$1,976 /fortnight
Loan $652,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$163,000
Stamp duty$43,970
Conveyancing (est.)$2,000
Total upfront$208,970
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.

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)1.4 km away
  • Tyrepower1.3 km away
  • Unnamed549 m away
  • Wingham Park1.1 km away
  • Unnamed1.3 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.

Due diligence

Property Report

Flood Risk

Complete
Medium flood risk

None

Low

Medium

High

Flood zone

Land Subject to Inundation Overlay (LSIO); Yarra River and Western Port Bay catchments

Frankston has moderate flood risk due to its proximity to Western Port Bay, coastal tidal influences, and the Kananook Creek and other local drainage catchments. Low-lying residential and commercial areas near the bay and creek systems are subject to the LSIO, requiring careful assessment during development. Historical storm surge events and localised flooding from heavy rainfall make flood-aware planning essential for this coastal municipality.

Planning controls

  • Land Subject to Inundation Overlay (LSIO) applies to low-lying areas; development requires flood risk assessment
  • Planning scheme requirements for floor levels and building design in affected areas
  • Stormwater management and detention basin requirements for new subdivisions
  • Referral to Melbourne Water and Frankston City Council flood engineering assessment for permit applications
Source: StMate AI — VIC flood overlays06/05/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Suburb market

Suburb price trend

Frankston price trend

Median sold · Unit 2 bed

Compound growth +3.9% / yr over 4 yrs

$575kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Frankston market

This listing

Price history

Price history

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