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Back 1 Heath Ave
Off Market

1 Heath Ave

Frankston VIC 3199

3
1
2
841 m²
House
Andrew MilneAndrew Milne, last sold this property on 01 February 2026 after 27 days on market.

Overview

A Landmark Golden Triangle Opportunity

Offering an immense 841 sq. metre (approx.) landholding with exceptional long-term potential in Frankston's prized Golden Triangle and within the coveted Frankston High School zone, this original weatherboard residence delivers an opportunity that's highly sought yet seldom found. An immediately comfortable setting inspires as it opens the door to renovation, extension, or redevelopment (STCA), showcasing a goldmine for the adventurous in one of the area's most tightly held pockets. Its classic weatherboard facade opens to hardwood floors and a traditional separation of space, relishing separate lounge and dining areas with split-system comfort and ducted heating, a laminate kitchen with a modern gas cooker, three sizeable bedrooms around a central bathroom, and a separate toilet and laundry attached to the breezeway at the rear. The expansive grounds, however, are the property's greatest attraction, mostly level and stretching deep across its huge 841 sq. metre (approx.) block, ready to support a large-scale extension, a multi-site development opportunity, or a dream home build that's central to everything you'll ever need (STCA). Just a short walk from Frankston's CBD, train station, and beautiful shoreline, you're surrounded with near-immediacy by PARC, Frankston Power Centre, Monash University, public and private hospitals, cafes, buses, parklands, and shops. It's a Golden Triangle address combined with zoning for Frankston High School delivers the full suite of coastal-urban convenience; a huge upside to its future capital potential. Scale, position and possibility. Act fast!

Features

3 bedrooms
1 bathroom
2 carspaces
2 open car spaces
841 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 Heath Ave is $829.89k.

Median value
$829.89k
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 Heath Ave

2026
Sold
Undisclosed
01 Feb 2026 by Andrew Milne, of OBrien Real Estate Frankston
2018
Rented
Undisclosed
Leased on 18 Apr 2018 by OBrien Real Estate Frankston
2018
Rented
Undisclosed
Leased on 17 Apr 2018 by OBrien Real Estate 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 217 reviews in Frankston over the last 12 months.

Local market activity for 3 bedroom houses in Frankston

In the last 12 months, 380 three-bedroom houses similar to 1 Heath Ave, have been sold.

This represents a 2% increase in three-bedroom houses sales when compared to the previous 12 months.

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   (252 reviews)
  •  41 Reviews in Frankston
  •  100 Sales in Frankston
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Michael McClure

Michael McClure is a recommended agent for Frankston.  They have 35 local sales and collected 37 local reviews across the last 12 months.

  •   4.9   (463 reviews)
  •  37 Reviews in Frankston
  •  35 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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Brooke Wegener

Sellers who recommend Brooke Wegener have praised them for being clear communication, local expert, responsive, supportive, friendly, honest and reliable

  •   4.9   (174 reviews)
  •  13 Reviews in Frankston
  •  18 Sales in Frankston
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