FOR SALE
$690,000 - $759,000 - Corner Block.

5 Valley Road
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 120m2
Land area: 609m2
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Updated Charming Home with Endless Opportunities on Prime Corner Block – Subdivide & Build (STCA)

Situated on a spacious 609m² corner block, this updated white weatherboard home at 5 Valley Road offers the perfect blend of character, comfort, and future potential. Freshly painted throughout, with warm timber flooring, this charming residence is move-in ready and ideal for those seeking space and style.
The large living room features a ceiling fan, gas wall heater, and block-out blinds, creating a cozy retreat for family and friends. The wrap-around kitchen impresses with modern appliances, a breakfast bar, and a quaint meals area under a beautifully painted timber ceiling. Step outside through sliding glass doors to the alfresco deck, perfect for entertaining.
The home offers three spacious bedrooms, two with built-in robes, all equipped with block-out blinds. A large bathroom with a bathtub, separate shower, and single vanity ensures daily comfort. Additional features include evaporative cooling, a separate laundry with an extra toilet, and easy backyard access.
The expansive rear yard features an undercover deck, storage shed, and potential to subdivide and build at the back (STCA). Located in a highly sought-after area with strong growth potential, this property offers a wealth of opportunities for families and investors alike.
Lifestyle
Tennis Club: Frankston Tennis Club is the nearest, located approximately a 5-minute drive away at 1 Sycamore Road, Frankston.
Schools: Mount Erin Secondary College: Located at 10 Robinsons Road, Frankston, a short drive from Valley Road. Frankston Heights Primary School: Located at 11 Fern Grove, Frankston, also within the school zoning area and easily accessible from Valley Road.
Daycare: Frankston House Sanctuary of Early Learning, located at 23 Cranbourne Road, Frankston, is the closest option for daycare, just a few minutes away.
Cafe: The closest cafe is Baxter's Kitchen, a cozy spot located nearby on 80 Baxter St, Frankston.
Shop: The closest shop is Frankston Power Centre, which includes various retail stores and is a convenient drive from 5 Valley Road.
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Property Details for 5 Valley Rd, Frankston

5 Valley Rd, Frankston is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 609m2 and floor size of 120m2. The place is currently for sale with OBrien Real Estate Frankston.

Building Type
House
Floor Size
120m2
Land Size
609m2

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About Frankston 3199

The size of Frankston is approximately 19.8 square kilometres. It has 72 parks covering nearly 21.2% of total area. The population of Frankston in 2011 was 35,009 people. By 2016 the population was 36,090 showing a population growth of 3.1% in the area during that time. The predominant age group in Frankston is 30-39 years. Households in Frankston are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Frankston work in a professional occupation. In 2011, 58.7% of the homes in Frankston were owner-occupied compared with 56.8% in 2016.

Frankston has 21,632 properties. Over the last 5 years, Houses in Frankston have seen a 25.61% increase in median value, while Units have seen a 22.65% increase. As at 31 October 2024:

  • The median value for Houses in Frankston is $722,720 while the median value for Units is $505,673.
  • Houses have a median rent of $550 while Units have a median rent of $453.
There are currently 136 properties listed for sale, and 65 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 910 properties were sold in the past 12 months in Frankston.

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Oliver Muehlke
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