Back 29 Berberis Crescent
Off Market

29 Berberis Crescent

Frankston VIC 3199

3
1
4
125 m²
564 m²
House
Last sold for $738,500
Aaron FrolingAaron Froling, last sold this property on 19 December 2025 after -28 days on market.

Overview

Off-Market Opportunity | Add Value & Profit in Prime Frankston

A genuine value-add opportunity in the ever-popular Karingal estate, 29 Berberis Crescent is ideal for buyers, renovators and buyer advocates looking to secure a priced-to-sell property with clear upside. Built in 1963, this solid brick veneer home sits proudly on a corner block of 564sqm and offers standout street appeal. Inside, the home is neat, tidy and well-kept, with three bedrooms, one bathroom, solid hardwood floors, carpeted bedrooms and laminate kitchen flooring. Long-term tenants have maintained the home beautifully. Where the Opportunity Lies The home is still on its original red-gum stumps, which have subsided in the centre, creating visible plaster cracking. Restumping is required - and we've already obtained formal quotes to make the decision easier: Option 1 Entire Home Full restump including permits, soil report & engineering $26,400 inc GST Option 2 Partial Restump (20 stumps) $8,800 inc GST A copy of the quote is available upon request. For buyers wanting to add equity immediately, the scope of works is clear, costed, and straightforward. Tenancy A long-standing tenant of 20+ years currently occupies the home. He is exceptionally neat, respectful, and reliable. Paying $465 per week - a genuine sweetheart deal well below market Keen to stay on at the same rate Vacant possession also available with a four-month settlement Why 29 Berberis Is a Smart Buy Solid 1960s brick veneer construction Clear value-add potential through restumping & cosmetic upgrades Corner allotment | 564sqm Excellent tenant profile OR vacant possession Off-market buying window before broader release This is a rare opportunity to secure a home under market value, with transparent works required and an immediate pathway to increasing equity. Re-stumping quote, price guide, and private inspection times available upon request. Amateur walkthrough video link: https://youtu.be/g1wRLqEDtms?si=0W3RR4lI4cf0HwRu

Features

3 bedrooms
1 bathroom
4 carspaces
125 m² floor area
564 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 29 Berberis Crescent 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 29 Berberis Crescent

2025
Sold
$738,500
Private Sale/Treaty on 19 Dec 2025 by Aaron Froling, of fosterfroling Real Estate

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 216 reviews in Frankston over the last 12 months.

Local market activity for 3 bedroom houses in Frankston

In the last 12 months, 383 three-bedroom houses similar to 29 Berberis Crescent, have been sold.

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

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