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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

1 Hopes Rise
Frankston South, VIC 3199

3
Bed
2
Bath
1
Cars
Land Size: 649 sqm
Property Type: House
Listed Date: 31st Mar 2026
Last Updated: 22nd Apr 2026
Overview

1 Hopes Rise, Frankston South

Perched on the iconic Olivers Hill, this landmark 1930s solid clinker brick residence offers one of the most coveted positions on Port Phillip Bay. Olivers Hill is renowned for having one of the top ten residential views in Melbourne, and this home captures panoramic vistas stretching from Frankston's coastline across the bay to Melbourne's city skyline.

Constructed during a period when Olivers Hill was a favored destination for holiday homes among Melbourne's established families, this Art Deco residence has stood as a hillside landmark for nearly a century. This property presents a rare opportunity to own a piece of significant Bayside history or to redevelop an exceptional landholding of approximately 671 square meters.

Property features include:

  • Three-bedroom clinker brick construction showcasing authentic Art Deco character, including high ceilings, picture rails, and sash windows with wide sills.
  • Panoramic bay and city views visible from nearly every room.
  • Spacious open-plan lounge and dining areas with mesmerizing water outlooks.
  • Updated granite kitchen and master suite featuring an ensuite and walk-in robe.
  • Art Deco-style bathroom and a sunny rear breakfast terrace.
  • Ducted heating and air conditioning throughout the home for year-round comfort.
  • Sweeping dual driveway, lower-level garage, and additional storage room.

The location offers exceptional lifestyle benefits, including:

  • Steps away from a wide sandy beach, directly opposite the boat ramp and boardwalk leading to Frankston's central business district.
  • Close proximity to dining, retail outlets, Frankston Arts Centre, Frankston Hospital, and Monash University.
  • Nearby George Pentland Botanical Gardens and Sweetwater Creek Nature Reserve trails for outdoor recreation.
  • Situated within the Frankston High School zone.

This property uniquely combines history, stunning views, lifestyle, and land, making it a rare offering in the market.

Change History
Headline When
$1,695,000
$1,550,000 - $1,705,000
Location
1 Hopes Rise
Frankston South VIC 3199
Market Insights for Frankston South VIC 3199
New Listings (last 30 days)
8
Average price
$1,083,125
Lowest price
$575,000
Highest price
$2,900,000
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* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.