2 Sweetwater Drive
Frankston South, 3199 VIC
2002 house on a 1,364 m² block with 39m frontage.
Property Snapshot
2002House5 Bed2 Bath3 Off Street1,364 m² Land254 m² Internal39m Frontage
Investment Highlights
What makes 2 Sweetwater Drive compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
1,364 m²
Frontage
39m
Zoning
R1Z
Residential
Why Buyers Look At This One
Rare add-value profile — 2002 house on a 1,364 m² block and a 39m frontage.
Renovate upside — modest 254 m² internal area creates a clear renovation, extension or reconfiguration opportunity.
Walkable transport position — approx. 1.5km to bus, 2.1km to train station and 788m to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
5
Bathrooms
2
Parking
3 off-street
Internal Area
254 m²
Ownership & Value
Last Sold$1.41M
Sold DateApr 2026
Land Value—
RPD2\PS310800
Planning & Site
Property TypeResidential
AccessSingle Access
Height Limit—
Max Storeys—
Wide FrontageResidential
Pricing & Valuation
Guide, estimate and broader pricing context.
Market Status
Off Market
Auto Estimate
$1.41M
Confidence: VeryHigh
5 Bed Median
$1.63M
Growth Since 2026
—
Suburb 5 bed house median price over time
Rental Market
Yield, rental pricing and local leasing landscape.
Median Rent
$950
5 Bed Yield
3.0%
Vacancy
1.3%
Rentals Last 12M
13
Suburb 5 bed house median rent over time
Planning & Risk Overlays
Important due diligence considerations for this property.
Flood Overlay Detected
No flooding known in this area
Other Overlays
Bushfire: BPA - Bushfire Prone Area. Heritage: Aboriginal Cultural Heritage Sensitivity. Biodiversity: SLO - SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 3.
Location & Connectivity
Access to transport, schools and local amenity around 2 Sweetwater Drive.
Train Station
2.1km
Bus Stop
1.5km
Schools
788m
Road Type
residential
Transport: Easy access to nearby train station and frequent bus routes.
Lifestyle: Walking distance to local shops, parks and nearby dining precincts.
Positioning: Quiet residential street with strong owner occupier presence and limited turnover.
Frankston South Snapshot
Broader suburb metrics that support the local story.
Population
18,801
Owner Occupiers
78%
Social Housing
1.4%
Crime Index
—
Not available
High Owner Occupier AppealLow Stock on MarketLow Vacancy
Explore Frankston South in more detail
Deep dive into growth, demand, demographics and comparable sales.
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