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38 Petrie Street, Frankston$920,000
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For Salehouse

38 Petrie Street

Frankston, VIC 3199, Australia
$880,000 – $960,000
3 bed 2 bath 2 car488 m²

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About this property

AUCTION 15/08/2026 at 2:30pm (Unless sold prior) Deposit: 5/10% Settlement: 30/45/60 days Rental Appraisal: $600 - $650 P/W (approx) Stylishly renovated from top to bottom for your immediate enjoyment, this charming weatherboard home superbly combines modern living and entertaining spaces. Three spacious bedrooms provide ample accommodation for the whole family, whilst two stunning bathrooms showcase the best of contemporary design. A central kitchen is the heart of the home, comprising sleek stainless-steel appliances, a large island bench, and dark contrasting benchtops, seamlessly overlooking an expansive open-plan living and dining zone. Those who love to entertain will be simply delighted by the covered rear alfresco and massive open-air timber deck. Overlooking the deep, family-friendly backyard, it is the perfect setting to host family and friends, while the large block provides plenty of potential to extend, add a pool, or even develop (STCA). This outstanding package delivers a simple, easy-going lifestyle through its prime position, located only moments from Bayside Shopping Centre, Frankston Train Station, PARC, Frankston Beach, and the Frankston Freeway. Property Highlights: Stylishly renovated weatherboard home on a deep, landscaped block Three spacious bedrooms and two stunning, fully updated bathrooms Central kitchen featuring an island bench and stainless-steel appliances Expansive open-plan living and dining zone Massive covered alfresco extending onto an open-air timber deck Convenient pull-down attic ladder leading to in-ceiling storage Large, dedicated laundry room Spacious backyard featuring a garden shed and raised veggie patches Fantastic location close to parks, schools, cafes, public transport, and beaches Perfect for investors, downsizers, or first-home buyers Disclaimer: In preparing this information, Barry Plant Frankston has relied in good faith upon information provided by others and has made all reasonable efforts to ensure that the information is correct. The accuracy of the information provided to you (whether written or verbal) cannot be guaranteed. If you are considering this property, you must make all enquiries necessary to satisfy yourself that all information is accurate. Please note that inspection times are subject to change without notice, we suggest you check the online marketing/listing on the day.

Property Details

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

Repayment calculator

$4,460/month
$2,230 /fortnight
Loan $736,000 at 6.10% over 30 years

Upfront costs

Deposit$184,000
Stamp duty$50,270
Conveyancing (est.)$2,000
Total upfront$236,270
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 23% above the $745,000 median of 58 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

  • Unnamed (bus)1.8 km away
  • Unnamed1.8 km away
  • Unnamed1.5 km away
  • Wingham Park1.6 km away
  • Unnamed1.8 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 · House 3 bed

Compound growth +2.7% / yr over 4 yrs

$835kcurrent median

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Price history

Price history

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1 price change recorded for this property

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