Back 40 McAlister Street
Off Market

40 McAlister Street

Frankston VIC 3199

3
2
2
0 sq.
680 m²
House
Last sold for $730,000
John WalshJohn Walsh, last sold this property on 03 August 2025 after 10 days on market.

Overview

Opportunity in Frankston Central – 3 Bed, 2 Bath with Dual Living Potential

Located just moments from the Frankston CBD, beach, train station and public transport, this 3-bedroom, 2-bathroom home offers plenty of potential for renovators, investors, or those seeking a versatile floorplan. The home includes two generous living areas and the rare bonus of a second kitchen—perfect for extended family, dual living, or future rental income (STCA). While it's in need of some work, the solid bones and unbeatable central location make this a smart buy for anyone with vision. Positioned in the heart of Frankston Central, you'll enjoy easy access to shops, schools, transport and the bay. With a bit of TLC, this home could be transformed into something special. Don't miss your chance to add value in one of Frankston's most convenient locations.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 open car spaces
0 sq. floor area
680 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 40 McAlister Street is $829.8k.

Median value
$829.8k
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 40 McAlister Street

2025
Sold
$730,000
03 Aug 2025 by John Walsh, of Aquire Real Estate Frankston

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 218 reviews in Frankston over the last 12 months.

Local market activity for 3 bedroom houses in Frankston

In the last 12 months, 381 three-bedroom houses similar to 40 McAlister Street, have been sold.

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

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