Back 1 Wave Street
Off Market

1 Wave Street

Frankston VIC 3199

4
1
2
631 m²
House
Last sold for $702,000
Luke MagreeLuke Magree, last sold this property on 06 August 2025 after 44 days on market.

Overview

Charming Classic on a Rare 631m² in Central Frankston

Set in one of Frankston's most central and convenient pockets, this charming 1950-built home offers the perfect balance of character, space, and lifestyle potential. Positioned on a generous 631m² (approx.) block with an accessible entry ramp, it's ideal for families, investors, or those seeking to add value in a high-growth location. Behind its modest facade, warm hardwood floors and new floating floorboards in the hallways lead through a functional floorplan that includes four generous bedrooms—one with a walk-in robe and another with a built-in. The light-filled open-plan living and kitchen zone is the heart of the home, featuring a ceiling fan, wraparound benchtops, a breakfast bar, and ample storage. Recently updated with new guttering, a new gas line, and complete home re-wiring, this home blends classic charm with important modern upgrades. The main bathroom includes a bathtub, shower, and vanity, with a separate toilet for added convenience. A well-sized laundry with linen cupboard and external access adds practicality, while a decked area invites outdoor living and relaxation. The expansive backyard is perfect for kids, pets, or future enhancements (STCA), complemented by a single lock-up garage and plenty of off-street parking. Enjoy a relaxed coastal lifestyle just a short walk to Frankston's stunning beaches, Kananook Creek trails, local reserves, and the friendly neighbourhood milk bar. You're also minutes from Bayside Shopping Centre, Frankston Station, PARC, TAFE, and zoned or close to excellent schools.

Features

4 bedrooms
1 bathroom
2 carspaces
1 open car space
1 garage space
631 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Frankston over the last 12 months, the estimated median property value of 1 Wave Street is $931k.

Median value
$931k
Estimated value range
$656k - $1.61m
Median days on market
21
Estimated value trend
11%
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 Wave Street

2025
Sold
$702,000
Auction Sale on 06 Aug 2025 by Luke Magree, of 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 4 bedroom houses in Frankston

In the last 12 months, 158 four-bedroom houses similar to 1 Wave Street, have been sold.

This represents a 8% increase in four-bedroom houses sales when compared to the previous 12 months.

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