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Back 48 Bayview Road
Off Market

48 Bayview Road

Frankston VIC 3199

2
1
1
121 m²
690 m²
House
Last sold for $935,000
Robert LewisRobert Lewis, last sold this property on 27 November 2025 after 28 days on market.

Overview

PLANS & PERMITS

Prime Frankston Development Opportunity – Plans & Permits Ready! Expressions of Interest closing Friday, 28 November 2025, unless sold prior. Seize this exceptional opportunity to secure a premium development site in one of coastal Frankston’s most sought-after locations, right within the coveted Frankston High School Zone. Perfect for local builders or astute investors, this property offers an outstanding capital growth opportunity — with approved plans and permits already in place, you can start your project without the stress of the planning process. Ideally positioned within easy walking distance to Frankston CBD, the hospital, bus transport, the football oval, and the beach foreshore, this near-level allotment of approximately 690m² with a 16.3m frontage comes with architecturally designed plans for two luxurious side-by-side townhouses. Each proposed 4-bedroom 2.5 bath townhouse showcases: • Grand entryway and ground floor master suite with walk-in robe and ensuite. • Designer kitchen with island bench and walk-in butler’s pantry. • Light-filled open plan living, dining, and family areas. • Guest powder room, laundry, and internal access to automatic lock-up garage. • Upstairs: three spacious bedrooms with built-in robes, a stylish family bathroom with separate WC. • Generous North facing rumpus room. • Each lot size is approx. 344.5 m2. Alternatively, the existing home is well presented and has been lovingly looked after and offers multiple options — move in and renovate, extend, lease out, or redevelop (STCA). The existing home offer features that include: • Ceiling fans. • Built in robes in both bedrooms. • Timber floors throughout. • Central gas heater. • Dishwasher. • Electric oven. • Gas hot water. • Ample parking. • Spa in main bathroom. • Modern bathroom. • Single lockup garage. • Rear yard storage shed. • Rented month to month. • Current Rental Appraisal: $550-$570 per week. This is a rare, ready-to-build opportunity in one of Frankston’s most desirable precincts. Do not miss out — opportunities like this are few and far between!

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
121 m² floor area
690 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Frankston over the last 12 months, the estimated median property value of 48 Bayview Road is $665k.

Median value
$665k
Estimated value range
$250k - $2.25m
Median days on market
21
Estimated value trend
12%
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 48 Bayview Road

2025
Sold
$935,000
Private Sale/Treaty on 27 Nov 2025 by Robert Lewis, of Seachange Property
2021
Sold
Undisclosed
Private Sale/Treaty on 16 Sep 2021 by Damian Flatz, of Seachange Property

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 2 bedroom houses in Frankston

In the last 12 months, 50 two-bedroom houses similar to 48 Bayview Road, have been sold.

This represents a 5% increase in two-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
  •  103 Sales in Frankston
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Michael McClure

Michael McClure is a recommended agent for Frankston.  They have 36 local sales and collected 38 local reviews across the last 12 months.

  •   4.9   (465 reviews)
  •  38 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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