Home/Properties/Frankston/7/28-30 Mereweather Avenue
7/28-30 Mereweather Avenue, Frankston$514,500
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7/28-30 Mereweather Avenue

Frankston, VIC 3199, Australia
$499,000 – $530,000
2 bed 1 bath 1 car

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About this property

Coastal Living Meets Smart Investment - 2 Bed | 1bath +2 toilets Positioned in a high-demand pocket of Frankston, 7/28-30 Mereweather Avenue delivers the ideal blend of seaside lifestyle and investment performance. Just a 7-8 minute walk to the beach, this is the kind of location buyers and tenants compete for - offering strong rental appeal, consistent demand, and long-term growth upside in one of Melbourne's evolving coastal markets. Inside, the home features two oversized bedrooms and two toilets, split-system air conditioning and ceiling fans throughout for year-round comfort, plus an all-electric setup for efficient, low-maintenance living. Investors will appreciate the practical layout and tenant-friendly inclusions, while lifestyle buyers will love having shops within walking distance and Bayside Shopping Centre nearby. The new Frankston Hospital, easy rail access via Kananook railway station and Frankston railway station, plus quick connections to major arterials and the stunning Mornington Peninsula coastline, further strengthen both lifestyle and investment credentials. Whether you're building your portfolio or chasing a coastal change, this opportunity captures both heart and head. Beachside convenience, tenant demand, and future growth - secure it now before it's gone... Disclaimer: Every effort has been made to ensure the accuracy of the information provided. However, it does not constitute any representation by the vendor, agent, or agency. Our photos, floor plans, and site plans are for illustrative purposes only. We accept no liability for any discrepancies or changes in property details. Please note, the property information and status may change at any time. For further information, please refer to the Due Diligence Checklist: https://www.consumer.vic.gov.au/duediligencechecklist PHOTO ID IS REQUIRED AT OPEN FOR INSPECTIONS.

Property Details

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

Repayment calculator

$2,494/month
$1,247 /fortnight
Loan $411,600 at 6.10% over 30 years

Upfront costs

Deposit$102,900
Stamp duty$25,940
Conveyancing (est.)$2,000
Total upfront$130,840
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. It is listed 29% below the $725,000 median of 71 comparable apartmentswithin 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

  • Mereweather Avenue (bus)137 m away
  • Sealys Cycles and Fitness110 m away
  • Ebdale Street Reserve172 m away
  • OGrady Avenue Reserve301 m away
  • Orwil Street Reserve414 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 · Unit 2 bed

Compound growth +3.9% / yr over 4 yrs

$575kcurrent median

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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