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Back 14 Mereweather Avenue
Off Market

14 Mereweather Avenue

Frankston VIC 3199

2
1
5
805 m²
House
Last sold for $880,000
Metin AziretMetin Aziret, last sold this property on 21 June 2026 after 38 days on market.

Overview

PLANS AND PERMITS APPROVED FOR 6 TOWNHOUSES ON 805M2

Positioned in one of Frankston's most strategically located pockets, this exceptional 805m² (approx.) development opportunity presents the perfect combination of immediate holding income, future development upside and premium positioning within the highly sought-after Residential Growth Zone Schedule 1 (RGZ1). Complete with plans and permits already approved for 6 architecturally designed triple-storey contemporary townhouses, this is a rare chance for developers and investors to fast-track their next project in a location that continues to experience strong demand and significant growth. The existing residence is a neat and tidy 2-bedroom, 1-bathroom home, providing comfortable accommodation or potential rental income while future plans are considered. Whether you choose to proceed with the approved development, landbank for the future, or explore alternative high-density opportunities (STCA), the flexibility and potential here are truly outstanding. Located moments from Frankston's thriving activity centre, the property enjoys close proximity to major amenities including Bayside Shopping Centre, Frankston Beach, Frankston Train Station, Monash University, Chisholm TAFE, Frankston Hospital and Peninsula Private Hospital. Easy access to Nepean Highway, Peninsula Link and major arterial roads further enhances the appeal for future occupants and investors alike. With Frankston continuing to evolve as a major lifestyle and infrastructure hub on the Mornington Peninsula, developments in this calibre of location are becoming increasingly difficult to secure. The RGZ1 zoning provides ultimate flexibility and encourages higher-density residential outcomes, making this an exciting proposition for builders, developers and savvy investors looking to capitalise on future growth. A premium development opportunity with approved plans, substantial landholding and an unbeatable lifestyle location - 14 Mereweather Avenue is a project ready to make an impact. The information provided in this advertisement is for general guidance only and does not constitute any representation by the vendor or agent. While every effort has been made to ensure accuracy, no warranty is given and interested parties must rely on their own enquiries. All measurements, descriptions, photos, floor plans and site plans are approximate and for representational purposes only. The property may be withdrawn or its details changed at any time without notice. Prospective purchasers are advised to conduct their own due diligence and refer to the Consumer Affairs Victoria Due Diligence Checklist prior to making any purchase decision. https://www.consumer.vic.gov.au/housing/buying-and-selling-property/checklists/due-diligence

Features

2 bedrooms
1 bathroom
5 carspaces
3 open car spaces
2 garage spaces
805 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Frankston over the last 12 months, the estimated median property value of 14 Mereweather Avenue is $675k.

Median value
$675k
Estimated value range
$250k - $2.25m
Median days on market
21
Estimated value trend
7%
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 14 Mereweather Avenue

2026
Sold
$880,000
21 Jun 2026 by Metin Aziret, of Ray White Cranbourne
2015
Sold
$532,000
Private Sale/Treaty on 22 Jun 2015

Happy sellers in Frankston

88%
88% 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 178 reviews in Frankston over the last 12 months.

Local market activity for 2 bedroom houses in Frankston

In the last 12 months, 35 two-bedroom houses similar to 14 Mereweather Avenue, have been sold.

This represents a 49% increase in two-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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Michael McClure

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

  •   4.9   (482 reviews)
  •  47 Reviews in Frankston
  •  46 Sales 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 pleasant

  •   5   (265 reviews)
  •  35 Reviews in Frankston
  •  98 Sales in Frankston
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Adam Price

Adam Price is a recommended agent for Frankston.  They have 18 local sales and collected 14 local reviews across the last 12 months.

  •   5   (104 reviews)
  •  14 Reviews in Frankston
  •  18 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)
  •  11 Reviews in Frankston
  •  16 Sales in Frankston
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