Back 2+3/5 Lorraine Street
Off Market

2+3/5 Lorraine Street

Frankston VIC 3199

3
2
2
142.19 m²
Townhouse
Last sold for $700,000
Luke MagreeLuke Magree, last sold this property on 11 February 2026 after 237 days on market.

Overview

Contemporary Townhouse in a Prime Bayside Pocket

Welcome to the epitome of modern convenience and coastal lifestyle. This near-new townhouse is perfectly positioned in a thriving Frankston pocket. Just moments from Bayside Shopping Centre, Frankston CBD, the train station, TAFE, Kingswood Golf Club, PARC, popular eateries, schools, and the beach, this is an exceptional opportunity for families, investors, or professionals seeking a balanced lifestyle. The home offers open-plan living and dining with a split system air conditioner, seamlessly flowing to a low-maintenance astro-turf pergola area. The sleek kitchen boasts stone benchtops, stainless steel appliances (including a dishwasher), and a handy breakfast bar. A powder room, laundry, and extra storage add everyday convenience. Upstairs, the master features a built-in robe, a luxe ensuite with double vanity, and air conditioning. Two further bedrooms, one with built-in robe and both with air conditioning, are complemented by a sleek central bathroom. Complete with a single lock-up garage, as well as space for an additional car in the driveway, water tank, shed, and private backyard. Whether you're looking to live in or lease out, this modern residence offers the perfect mix of comfort, quality, and convenience in one of Melbourne's fastest-growing bayside hubs.

Features

3 bedrooms
2 bathrooms
2 carspaces
1 open car space
1 garage space
142.19 m² floor area
Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Frankston over the last 12 months, the estimated median property value of 2+3/5 Lorraine Street is $780k.

Median value
$780k
Estimated value range
$586k - $1.08m
Median days on market
34
Estimated value trend
10%
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 2+3/5 Lorraine Street

2026
Sold
$700,000
11 Feb 2026 by Luke Magree, of OBrien Real Estate Frankston

Happy sellers in Frankston

90%
90% 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 201 reviews in Frankston over the last 12 months.

Local market activity for 3 bedroom townhouses in Frankston

In the last 12 months, 41 three-bedroom townhouses similar to 2+3/5 Lorraine Street, have been sold.

This represents a 15% increase in three-bedroom townhouses sales when compared to the previous 12 months.

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