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33 Mereweather Avenue

Frankston, VIC 3199, Australia
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3 bed 1 bath 1 car618 m²

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About this property

Positioned on a generous 618m² corner allotment at the intersection of Mereweather Avenue and Douglas Grove, this 1960s classic delivers a rare range of options, from ready to enjoy family home, high yield investment, or exciting development site in one of Frankston's most sought-after pockets. This beautifully maintained home has been thoughtfully updated for modern living while retaining its timeless charm. Stunning interiors: Gleaming polished hardwood floors throughout a light filled, open plan layout with spacious living and separate dining areas. Modern comforts: Split-system air conditioning and heating for year-round ease. Connectivity: NBN Fibre to the Premises (FTTP) ready. Medical & Professional Hub: Moments from the newly opened Peninsula University Hospital (January 2026, $1.1 billion redevelopment), driving massive demand for quality housing among healthcare workers, students, and staff. Beachside Lifestyle: An easy, flat stroll (approx. 350500m) to Frankston Beach, Kananook Creek trails, and waterfront parks. Education & Amenities: Close to Monash University Peninsula Campus, Bayside Shopping Centre, excellent schools, and the Frankston Transport Interchange (train, bus, and freeway access). Developer's Edge HCTZ2 Zoning Zoned under the progressive Housing Choice and Transport Zone (HCTZ2), this corner site is ideally positioned for future growth in Frankston's revitalisation. Dual street frontage offers excellent flexibility for access, design, and potential higher density residential development (subject to council approval STCA). Heights of up to around 1113.5m (34 storeys) are supported in the zone depending on site specifics and planning outcomes. Whether you seek a beachside sanctuary, a secure investment with proven rental appeal, or a high-potential development asset in the heart of Frankston, this is a standout opportunity. Disclaimer: I acknowledge that this advertisement provides information as a guide only. RS Real Estate & Co does not verify the data and makes no claims regarding its accuracy. Buyers are to perform their own due diligence. Images and floorplans are to scale and created based on the photographers' best knowledge.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
1
Land Area
618 m²
Listed
2 days ago

Repayment calculator

$3,461/month
$1,731 /fortnight
Loan $571,200 at 6.10% over 30 years

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

Upfront costs

Deposit$142,800
Stamp duty$37,910
Conveyancing (est.)$2,000
Total upfront$182,710
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.

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

  • Mereweather Avenue (bus)113 m away
  • Sealys Cycles and Fitness95 m away
  • Ebdale Street Reserve245 m away
  • Orwil Street Reserve367 m away
  • OGrady Avenue Reserve371 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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