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51 Margate Avenue, Frankston$940,000
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For Salehouse

51 Margate Avenue

Frankston, VIC 3199, Australia
$930,000 – $950,000
3 bed 1 bath 3 car775 m²

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About this property

Set on a generous 775sqm (approx.) flat allotment, this charming three-bedroom brick residence delivers the perfect balance of modern comfort and future potential. Whether you're dreaming of subdividing, renovating, extending, or even adding a swimming pool (STCA), the possibilities are truly endless. Premium Location - Frankston High School Catchment Positioned within the highly sought-after Frankston High School zone, this home is just footsteps from Frankston Heights Primary School, Heatherhill and Towerhill shops, public transport, and Bruce Park. Only a short drive to Monash University, Frankston Hospital, and the Frankston CBD, everyday convenience is assured for families at every stage. Light-Filled Living & Modern Finishes Inside, sun-drenched open-plan living and dining areas feature a timber flooring, flowing seamlessly into a sleek modern kitchen with crisp white cabinetry, generous bench space, and a gas cooktop. Stay comfortable year-round with ducted heating plus a split system in the living zone. Three Well-Zoned Bedrooms & Renovated Bathroom The recently renovated family bathroom shines with floor-to-ceiling tiling, a separate shower room, and a freestanding bathtub. Two junior bedrooms are privately zoned away from the main living areas, while the master bedroom features a large window overlooking the front garden. Entertainer's Outdoor Haven Step outside to a vast north-facing alfresco patio with pergola - perfect for year-round entertaining. The expansive lawns offer endless room for children to play or pets to roam. Additional highlights include a front car porch , a large two-car garage/workshop and plenty of space to simply enjoy the outdoors. Move-In Ready with Exciting Scope to Grow This home is ready to enjoy immediately, yet offers outstanding potential to add value and create something truly special. An opportunity not to be missed.

Property Details

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

Repayment calculator

$4,557/month
$2,279 /fortnight
Loan $752,000 at 6.10% over 30 years

Upfront costs

Deposit$188,000
Stamp duty$51,470
Conveyancing (est.)$2,000
Total upfront$241,470
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 13% above the $832,500 median of 65 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)2.5 km away
  • Tyrepower2.5 km away
  • Montague Park2.1 km away
  • Unnamed2.1 km away
  • Beauty Park2.2 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 +2.6% / yr over 4 yrs

$830kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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