Back 4 David St
Off Market

4 David St

Frankston VIC 3199

3
2
2
632 m²
House
Luke MagreeLuke Magree, last sold this property on 24 June 2026 after 44 days on market.

Overview

Character, Comfort & Considerable Upside

Beautifully kept and full of personality, this 3-bedroom, 2-lounge home draws you in with its polished hardwood floors, a glowing fireplace, and significant space that unfolds further than you'd expect. A 632 sq. metre (approx.) central Frankston allotment does the rest, presenting a premium landholding that's so very close to the CBD, ready to live in, lease out, or grow into something more (STCA). Positioned within the highly sought-after Residential Growth Zone Schedule 1 (RGZ1), this outstanding 632sqm (approx.) flat rectangular allotment presents exceptional future potential for developers, investors, or land bankers alike. With favourable zoning designed to encourage higher-density development, the site offers exciting scope for multi-townhouse development, apartments, or a premium dual-occupancy project (STCA). Opportunities like this in central Frankston are becoming increasingly hard to secure. The weatherboard facade evokes immediate charm beyond its high front fencing, as the front door opens to polished hardwood floors that run throughout the entire home. The L-shaped lounge and dining room relishes its northerly aspect with fireside warmth and gracious space, stepping through to a large open-plan family and meals area at the rear, sided with a stone-topped kitchen appointed with stainless steel appliances and a buffet island ready to take on weeknights and weekends with relative ease. French doors open to a covered deck that transitions to a huge backyard shaded with established trees, genuinely spacious and large enough for children to really run around in, while the scale also opens the door to a second dwelling or redevelopment (STCA). Inside, the three robed bedrooms are served by a well-appointed central bathroom and a full-sized fitted laundry, while the master bedroom impresses with full-width built-in robes and a private updated ensuite. Split-system air conditioning, evaporative cooling, and a freestanding single garage complete the practical picture, with its exemplary positioning doing the rest - just metres from buses, Frankston CBD and train station, it sits within easy reach of Bayside Shopping, Chisholm TAFE, PARC Recreation Centre, a revitalised entertainment and dining precinct, freeway access, the beautiful foreshore, and the broader activity of a suburb that continues to attract serious attention from owner-occupiers and investors alike. Frankston's current momentum is serious, and this address puts you right at the centre of it. Act fast! Please note: this property is currently tenanted, returning $581.53 per week. Disclaimer: Whilst every care has been taken to ensure the accuracy of the information provided, interested parties should rely on their own enquiries and due diligence. The agent and vendor accept no responsibility for any errors, omissions, or inaccuracies.

Features

3 bedrooms
2 bathrooms
2 carspaces
1 open car space
1 garage space
632 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 4 David St is $835k.

Median value
$835k
Estimated value range
$390k - $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 4 David St

2026
Sold
Undisclosed
24 Jun 2026 by Luke Magree, of OBrien Real Estate Frankston
2024
Rented
Undisclosed
Leased on 17 Mar 2024 by Barry Plant Frankston
2017
Rented
Undisclosed
Leased on 04 Dec 2017 by Barry Plant Frankston

Happy sellers in Frankston

89%
89% 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 204 reviews in Frankston over the last 12 months.

Local market activity for 3 bedroom houses in Frankston

In the last 12 months, 371 three-bedroom houses similar to 4 David St, have been sold.

This represents a 1% increase in three-bedroom houses sales when compared to the previous 12 months.

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