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3 Heath Avenue, Frankston$540,000
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For Salehouse

3 Heath Avenue

Frankston, VIC 3199, Australia
$540,000
3 bed 1 bath 1 car358 m²

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About this property

For the investor who buys on fundamentals and not on finishes, this unique cottage-style home reads clearly as a Golden Triangle opportunity without an owner's corporation, worth holding onto with both hands. Positioned within the Frankston High School Zone on approximately 357 sq. metres of fully fenced land, its zone, its street, and its postcode make a compelling case, and the buyer who can see past the surface and straight to the opportunity will find everything they need right here. A welcoming front garden sets the tone on arrival, with fully fenced grounds providing a certain privacy with genuine space from the moment you approach. Inside, the floor plan is immediately practical, from its central fireside lounge to its separate kitchen and dining room, with a unique formal dining room with French door entry back out to the front deck, adapting easily as an additional bedroom. The bathroom is quite sizeable with modern appointments and an incorporated laundry, and the rear yard offers a compelling space for the green thumb beyond its raised and covered entertaining deck. Two larger bedrooms and a smaller snug add even more flexibility for the intelligent renovator, completing a layout finished with ducted heating, ceiling fans, and a secure single carport. Its golden triangle positioning means the lifestyle network is essentially on your doorstep, with Frankston Hospital, Bunnings Warehouse, Monash University, Chisholm TAFE, Beauty Park, Frankston Station, the CBD and the foreshore all just metres from your doorstep. Smart money always finds the right position first, and worries about the paintwork second. This is the move! Disclaimer: Whilst every care has been taken to ensure the accuracy of the information provided, interested parties should rely on their own enquiries and due diligence. The agent and vendor accept no responsibility for any errors, omissions, or inaccuracies.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
1
Land Area
358 m²
Listed
1 month ago

Repayment calculator

$2,618/month
$1,309 /fortnight
Loan $432,000 at 6.10% over 30 years

Upfront costs

Deposit$108,000
Stamp duty$27,470
Conveyancing (est.)$2,000
Total upfront$137,470
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 3-bedroom house in Frankston, VIC 3199 sits within reach of public transport, local shops and nearby schools. It is listed 33% below the $805,000 median of 57 comparable houseswithin 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/Young Street (Bay D) (bus)891 m away
  • Tyrepower896 m away
  • Beauty Park680 m away
  • Victoria Park864 m away
  • Unnamed996 m 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 · House 3 bed

Compound growth +2.6% / yr over 4 yrs

$830kcurrent median

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

Full Frankston market

Within 5km

Nearby Properties

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