Back 48 Frankit Street
Off Market

48 Frankit Street

Wavell Heights QLD 4012

3
1
1
115 m²
602 m²
House
Last sold for $1,380,000
Stefan BleeStefan Blee, last sold this property on 22 October 2026 after 42 days on market.

Overview

A Charming Post-War Home with an Exciting Future

Positioned on an elevated 602m² corner allotment in an increasingly sought-after pocket of Wavell Heights, 48 Frankit Street presents an exciting opportunity to secure a charming post-war home with plenty of potential for the future. Surrounded by a growing collection of beautifully renovated and newly constructed homes, the property offers several compelling possibilities — move in or rent out as it stands, renovate and extend the existing home, or take advantage of the generous allotment to create something entirely new (STCA). Built in the 1950s and retaining much of its original character, the home is immediately appealing, with polished timber floorboards, decorative cornices and traditional timber windows bringing warmth throughout. Entering from the covered front porch, the home opens into a generous living area before flowing through to the adjoining dining space and updated kitchen. Light-filled and comfortable, the existing layout is perfectly liveable today while providing plenty of scope to further renovate and modernise over time. Three well-proportioned bedrooms and the main bathroom complete the upper level, while downstairs an expansive garage and storage area provides an exceptional amount of additional space. Outside, the generous 602m² allotment provides a substantial backyard and exciting scope for the future. For renovators, there is a character-filled post-war home with great bones to work with; for those looking to build, the property presents an increasingly rare opportunity to create a contemporary family home in an established residential street where significant investment and renewal is already well underway (STCA). Whether renovated, reimagined or ultimately replaced, 48 Frankit Street represents an exciting opportunity to secure a substantial parcel of Wavell Heights real estate with genuine potential for the years ahead. Property Features: • Elevated 602m² allotment • Charming 1950s post-war home • Three well-proportioned bedrooms • Generous living and dining spaces • Updated kitchen with ample cabinetry and storage • Polished timber floorboards • Decorative cornices and traditional timber windows • Air-conditioned living area • Covered front porch • Expansive under-house garage and storage • Generous backyard • Excellent renovation or new-build potential (STCA) • Positioned amongst an increasing number of renovated and newly constructed homes Proximity to Amenities: • 600m to 7th Brigade Park • 1.2km to Wavell Heights State School • 1.3km to Our Lady of the Angels Catholic Primary School • 1.6km to Westfield Chermside • 2.2km to Wavell State High School • 3.6km to The Prince Charles Hospital For more information on this exciting opportunity or to arrange a private inspection, please call Stefan on 0411 810 440. Disclaimer: We have, in preparing this advertisement, used our best endeavours to ensure the information contained herein is true and correct at the time of publication, but accept no responsibility and disclaim all liability in respect of any errors, omissions or misstatements, including as to the completeness or currency of the information provided. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
115 m² floor area
602 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Wavell Heights over the last 12 months, the estimated median property value of 48 Frankit Street is $1.4m.

Median value
$1.4m
Estimated value range
$870k - $2.13m
Median days on market
37
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Wavell Heights. 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 Frankit Street

2026
Sold
$1,380,000
22 Oct 2026 by Stefan Blee, of SB Estate Agents
2024
Rented
Undisclosed
Leased on 03 Nov 2024 by Pure Real Estate Group Pty Ltd
2023
Rented
Undisclosed
Leased on 13 Jan 2023 by Pure Real Estate Group Pty Ltd

Happy sellers in Wavell Heights

64%
64% of sellers in Wavell Heights reported that their sale price either exceeded or met their price expectations.

Wavell Heights stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 13 reviews in Wavell Heights over the last 12 months.

Local market activity for 3 bedroom houses in Wavell Heights

In the last 12 months, 60 three-bedroom houses similar to 48 Frankit Street, have been sold.

This represents a 31% increase in three-bedroom houses sales when compared to the previous 12 months.

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