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Back 29 Meerlu Ave
Off Market

29 Meerlu Ave

Frankston VIC 3199

3
1
2
130 m²
579 m²
House
Last sold for $780,000
Adrian FosterAdrian Foster, last sold this property on 24 November 2025 after -18 days on market.

Overview

Another Premium Off-Market Result | No Fuss, No Marketing, No Open For Inspections

At fosterfroling Real Estate, we were pleased to secure the discreet off-market sale of 29 Meerlu Avenue, Frankston, achieving a strong result through our exclusive network of qualified investors and buyer advocates. Positioned on approximately 579sqm, this original three-bedroom, one-bathroom brick veneer home offered outstanding potential for refurbishment and long-term value uplift. In lived-in but cosmetically tired condition, it presented the ideal opportunity for renovators, owner-occupiers looking to add value, or savvy investors and developers seeking a project with proven upside. The property offered a functional floor plan including a large master bedroom and two additional bedrooms with built-in robes, along with a central bathroom, separate laundry, living area, and dining space adjoining the kitchen. A generous backyard and single carport, plus additional parking space, completed the fundamentals of this value-driven purchase. Adding significant appeal, plans and permits existed for a single-level two-bedroom dwelling at the rear of the block, providing further development flexibility (STCA). Key Features Included: Three-bedroom, one-bathroom brick veneer home Approx. 579sqm block with excellent scope for improvement Large master bedroom plus two additional bedrooms with BIRs Central bathroom with separate bath and shower Kitchen with gas cooking and adjacent dining area Separate laundry Generous backyard with garden shed Single carport plus additional off-street parking Central heating Renovation, investment and development upside (plans & permits included) Conveniently located within walking distance to McClelland Secondary College and Ballam Park, and moments from Karingal Hub, Peninsula Private Hospital, PARC, Peninsula Link access, shops, public transport and Frankston Beach, the property represented a rare opportunity to secure substantial value in an increasingly competitive pocket. Another strong result delivered by fosterfroling Real Estate through our exclusive off-market strategy - no advertising campaign, no open homes and no fuss - just genuine buyer connections and premium negotiation. If you're considering selling and would like to explore how our tailored off-market approach can deliver an exceptional outcome for your property, contact fosterfroling Real Estate today.

Features

3 bedrooms
1 bathroom
2 carspaces
130 m² floor area
579 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 Meerlu Ave 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 Meerlu Ave

2025
Sold
$780,000
Private Sale/Treaty on 24 Nov 2025 by Adrian Foster, of fosterfroling Real Estate
2022
Sold
$590,000
Auction Sale on 04 Jun 2022 by Karra Smith, of fosterfroling Real Estate
2018
Rented
Undisclosed
Leased on 06 Feb 2018 by 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 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 29 Meerlu 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 36 local sales and collected 37 local reviews across the last 12 months.

  •   4.9   (463 reviews)
  •  37 Reviews in Frankston
  •  36 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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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)
  •  13 Reviews in Frankston
  •  17 Sales in Frankston
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