FOR SALE
$785,000 - $860,000

68 Overport Road
Frankston South VIC 3199

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 969m2
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Golden Opportunity to Renovate, Rebuild and/or Subdivide (STCA) in Sought After FHS Zone

This classic weatherboard property has seen better days but offers so much future potential. Set on an expansive 964sqm (approx.) block in the heart of Frankston South, it's just a short walk to both Frankston High School and Overport Primary.
With it's mid-century character it could be an great property for motivated buyers to re-imagine and restore the residence and grounds, to bring it back to life. Alternatively, the large block presents an ideal opportunity for subdivision or demolition and rebuilding. Make the most of the land size with the creation of a beautiful brand new family home, or perhaps subdivide the site to build 2 or more townhouses, subject to council approval.
The current house offers a flowing layout across its two wings, with several multi-purpose living areas, 4 bedrooms and 2 bathrooms, plus a kitchen which has a large range oven with 5-burner gas cooktop, and a modern rangehood. Hidden behind a high picket fence, the home has a spacious, mature front garden and large front porch, a long driveway for off-street parking and a double carport. Outside spaces to the rear of the home include a generous tiled alfresco terrace which overlooks the back garden and in-ground pool, all set within treed surrounds.
Positioned in a coveted Frankston High School zone location, it's around 1km to Foot Street
shopping and cafés, and just a little further to the updated Towerhill Ritchies IGA supermarket. It's also near parks and beautiful nature trails along Sweetwater Creek and Frankston Nature Conservation Reserve, and is close to Frankston CBD, Bayside shopping centre, gorgeous beaches, train station, and easy access to arterial roads and freeways.
Disclaimer:
In preparing this information, Element Estate Agents 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.
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Property Details for 68 Overport Rd, Frankston South

68 Overport Rd, Frankston South is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 969m2. The place is currently for sale with Mt Eliza - Eview Group.

Building Type
House
Land Size
969m2

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About Frankston South 3199

The size of Frankston South is approximately 14.6 square kilometres. It has 36 parks covering nearly 10.1% of total area. The population of Frankston South in 2011 was 17,612 people. By 2016 the population was 18,183 showing a population growth of 3.2% in the area during that time. The predominant age group in Frankston South is 40-49 years. Households in Frankston South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Frankston South work in a professional occupation. In 2011, 77.9% of the homes in Frankston South were owner-occupied compared with 76.2% in 2016.

Frankston South has 8,084 properties. Over the last 5 years, Houses in Frankston South have seen a 33.54% increase in median value, while Units have seen a 38.17% increase. As at 31 August 2024:

  • The median value for Houses in Frankston South is $1,138,040 while the median value for Units is $756,165.
  • Houses have a median rent of $635 while Units have a median rent of $540.
There are currently 51 properties listed for sale, and 13 properties listed for rent in Frankston south on OnTheHouse. According to CoreLogic's data, 318 properties were sold in the past 12 months in Frankston south.

Suburb Insights for Frankston South 3199

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Jonathan Rivett
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Emma Frost
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Mt Eliza - Eview Group
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.