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9 Kalmia Street, Frankston$992,500
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For Salehouse

9 Kalmia Street

Frankston, VIC 3199, Australia
$950,000 – $1.03m
4 bed 1 bath 4 car1191 m²

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About this property

Positioned on a huge 1,191sqm (approx.) allotment in the highly sought-after Frankston Heights locale, this is an outstanding opportunity for developers, investors, land bankers or anyone looking to secure a large blue-chip site with genuine future potential, whilst still offering immediate upside. Positioned moments from Frankston Heights Primary School and nearby to Frankston Golf Club, Jubilee Park, Monash University, Peninsula University Hospital, Frankston CBD, the Frankston Foreshore and freeway access, the location alone makes a compelling case for redevelopment or subdivision (STCA). The existing home is neat, mostly original and currently offers hardwood floors throughout, multiple living spaces - one with an open fireplace, gas ducted heating, a spacious galley-style kitchen with dishwasher overlooking the dining area, full-size laundry and a covered alfresco area. Outside, the huge fenced front yard is complemented by a double carport with double gate drive-through access to a double garage and workshop at the rear. Whether you're looking to invest, explore subdivision opportunities, undertake a multi-dwelling development (STCA) or secure a large landholding in a tightly held location, opportunities of this scale and position are becoming increasingly difficult to find.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
1
Parking
4
Land Area
1191 m²
Listed
3 weeks ago

Repayment calculator

$4,812/month
$2,406 /fortnight
Loan $794,000 at 6.10% over 30 years

Upfront costs

Deposit$198,500
Stamp duty$54,588
Conveyancing (est.)$2,000
Total upfront$255,088
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 4-bedroom house in Frankston, VIC 3199 sits within reach of public transport, local shops and nearby schools. It is listed 18% above the $840,000 median of 71 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, platform 2 (train)2.9 km away
  • Tyrepower2.8 km away
  • Unnamed2.1 km away
  • Montague Park2.5 km away
  • Beauty Park2.6 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 4 bed

Compound growth +2.7% / yr over 4 yrs

$930kcurrent median

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Full Frankston market

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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