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Back 1/31 Margate Ave
Off Market

1/31 Margate Ave

Frankston VIC 3199

3
1
2
389 m²
House
Last sold for $761,000
Luke MagreeLuke Magree, last sold this property on 23 May 2025 after 24 days on market.

Overview

Timeless Character Cottage Meets Luxury Living in Frankston High School Zone

Nestled in a family friendly tree lined street within the sought-after Frankston High School zone, this delightful cottage combines timeless charm with all the contemporary comforts. This three-bedroom home is one of the original homes on the street, it offers a rich sense of history with high ceilings and heritage features such as decorative cornices and ceiling roses while boasting contemporary finishes that enhance its timeless appeal. Homes like these are few and far between as they don't make them like this anymore. Outdoor living is a standout feature, with a large and private front yard and oversized porch where you can enjoy relaxing in the dappled shade of the stunning liquid amber tree and a rear north facing courtyard complete with built in timber seating and deck. A double carport, rear outdoor covered entertaining/additional storage area to the side yard completes the homes appeal. Set on a large parcel of land with only two homes on the block and no body corporate, this home feels private and expansive. Step inside to discover an architecturally considered interior, featuring three oversized bedrooms, a sunlit living and dining space looking out to a north facing backyard and rear deck, a traditional fireplace, recently installed ducted heating and near new split-system heating and cooling. The modernised kitchen is a chef's dream, complete with electric cooktop, dishwasher, and abundant storage. Gorgeous brand new 100% New Zealand wool carpets and solid timber floorboards throughout, enhance both comfort and style. Key Features: 3 spacious bedrooms, including master with full height sliding wardrobes and remaining bedrooms with a walk-in robe and built in robe. A stylish powder room and an updated central bathroom. Cozy lounge room featuring a stone-clad fireplace, perfect for those balmy winter evenings. Near-new split system heating, and a recently replaced hot water system. Location Highlights: Situated a mere 1-minute walk from the Bruce Park Oval Pavilion, which is set to undergo a $5 million upgrade, making this area even more desirable. A quiet, family-oriented area that offers the perfect balance of seclusion and proximity to all amenities. In the coveted FHZ. A short drive to the award-winning beaches of Frankson, CBD and train station, Aquatic centre, and Monash University. This charming home is perfect for those looking for a peaceful yet convenient lifestyle to access all that the Mornington Peninsula has to offer.

Features

3 bedrooms
1 bathroom
2 carspaces
2 carport spaces
389 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Frankston over the last 12 months, the estimated median property value of 1/31 Margate Ave is $830k.

Median value
$830k
Estimated value range
$380k - $1.84m
Median days on market
22
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Frankston. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/31 Margate Ave

2025
Sold
$761,000
Auction Sale on 23 May 2025 by Luke Magree, of OBrien Real Estate Frankston
2021
Rented
Undisclosed
Leased on 30 Mar 2021 by Barry Plant Frankston
2021
Rented
Undisclosed
Leased on 09 Mar 2021 by Barry Plant Frankston

Happy sellers in Frankston

91%
91% of sellers in Frankston reported that their sale price either exceeded or met their price expectations.

Frankston stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 218 reviews in Frankston over the last 12 months.

Local market activity for 3 bedroom houses in Frankston

In the last 12 months, 379 three-bedroom houses similar to 1/31 Margate Ave, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Frankston

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Luke Magree

Sellers who recommend Luke Magree have praised them for being clear communication, local expert, responsive, supportive, honest, friendly and well-prepared

  •   5   (253 reviews)
  •  41 Reviews in Frankston
  •  102 Sales in Frankston
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Michael McClure

Michael McClure is a recommended agent for Frankston.  They have 34 local sales and collected 38 local reviews across the last 12 months.

  •   4.9   (465 reviews)
  •  38 Reviews in Frankston
  •  34 Sales in Frankston
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Adam Price

Sellers who recommend Adam Price have praised them for being clear communication, local expert, responsive, friendly, supportive, reliable and well-prepared

  •   5   (103 reviews)
  •  19 Reviews in Frankston
  •  22 Sales in Frankston
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Juan Merchan

Sellers who recommend Juan Merchan have praised them for being local expert, clear communication, supportive, reliable, honest, great negotiation and friendly

  •   4.9   (269 reviews)
  •  13 Reviews in Frankston
  •  17 Sales in Frankston
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