18 Molesworth Street, Seaford, Vic 3198
$750,000-$800,000
3 2 1
Open Saturday 6 June 11:40 am Auction Saturday 27 June 11:30 amOriginally used for grazing and firewood, the area transformed after the railway arrived in 1882, though the Seaford station didn't open until 1913. It evolved from a holiday destination for Melburnians into a permanent residential suburb during the post-WWII housing boom. The preservation of the Seaford Wetlands in the 1970s prevented large-scale industrial encroachment.
A laid-back, family-oriented coastal suburb that balances environmental conservation with modern suburban convenience. It maintains a 'village' feel compared to the more commercial Frankston CBD to its south.
How this suburb feels day-to-day.
Dominant dwelling stock.
Typical entry to ceiling.
Seaford represents the last 'affordable' bayside suburb before prices jump significantly in the Kingston council area. It offers a unique combination of beach and bushland that is rare in metropolitan Melbourne.
$820k – $1.8m
$550k – $850k
12-month movement
Current asking rents
The market has shown resilience after the 2023 correction, with low stock levels and high demand for renovated family homes driving prices upward.
Price comparison
Median price ÷ median income
Estimated rental yield
While becoming more expensive, Seaford remains a value proposition compared to neighboring Carrum and Chelsea. The eastern pocket (Belvedere) offers the most accessible entry points.
Lower = tighter market
Avg time on market
Annual rental increase
Young families, healthcare workers from Frankston Hospital, and outdoor enthusiasts.
Strong capital growth prospects and low vacancy rates make it attractive, though investors must account for higher insurance premiums in flood-prone zones.
Expect steady capital growth as Seaford continues to shed its 'working class' reputation and is fully recognized as a premium lifestyle suburb.
vs last 12 months
Relative comparison
Check Victorian Crime Statistics for specific street-level data, particularly around the Kananook station precinct.
Environmental factors are the primary concern, with significant portions of the suburb sitting in low-lying areas prone to drainage issues.
High risk in areas near Kananook Creek and the Seaford Wetlands. Check LSIO and SBO overlays on VicPlan.
Moderate risk for properties directly abutting the Seaford Wetlands or the Seaford Heathland Reserve.
Expect higher premiums for properties with flood overlays; some insurers may refuse cover for specific flood events in high-risk zones.
LSIO (Land Subject to Inundation), SBO (Special Building Overlay), ESO (Environmental Significance Overlay)
Subdivision of larger blocks in the Belvedere area and townhouse developments near the Seaford Village.
Overlays significantly impact what can be built and the cost of construction (e.g., required floor heights).
Excellent rail access and proximity to EastLink/Peninsula Link for commuters.
High, with a growing cafe scene, local breweries, and essential retail.
Exceptional, featuring the beach, wetlands, and Keast Park.
Good primary schools; Seaford North Primary is particularly sought after.
Very good, with Frankston Hospital and various specialist clinics nearby.
A diversifying population with a notable increase in professional couples and young families replacing the traditional older resident base.
The shifting demographic is driving the demand for better cafes, schools, and renovated housing stock.
Infrastructure focus has been on transport and coastal protection.
Residents love the 'hidden gem' status of Seaford, frequently citing the beach and wetlands as the primary reasons for staying. There is a strong sense of community and a protective attitude toward the local environment.
I can walk to a beach that feels private even in summer, then walk the dog through the wetlands in the afternoon. It's the best of both worlds.
We were priced out of Chelsea but found a great 70s house here with a big backyard. The commute to the city is long but manageable.
The village is finally getting some great coffee spots and a nice wine bar. It doesn't feel like a 'sleepy' suburb anymore.
Too many old houses are being knocked down for three or four townhouses on one block. It's getting crowded.
Rental demand is through the roof. I never have a vacancy for more than a week, but the insurance costs are definitely creeping up.
Seaford North Primary is fantastic and the kids love the local parks. It feels like a safe place to raise a family.
Position the property as a lifestyle sanctuary. Emphasize the unique 'beach and bush' combination that Seaford offers compared to more concrete-heavy bayside suburbs.
High rental yield potential for townhouses near the station and long-term capital growth for houses on large blocks.
Rising insurance costs due to flood overlays and potential for high maintenance on older coastal properties.
Access to a premium coastal lifestyle at a lower cost than neighboring suburbs.
Older properties may have issues with dampness or draftiness.
Ensure all gas and electrical safety checks are up to date as per Victorian rental laws.
The 'Unspoiled Bayside'—focus on the natural beauty and community feel.
Young professional families and active retirees.
This report is for informational purposes only and does not constitute financial, legal, or real estate advice. All data is based on available information as of March 2026 and is subject to change. Buyers should conduct their own independent due diligence and consult with professional advisors before making any property purchase.
Now
Before
$750,000-$800,000
3 2 1
Open Saturday 6 June 11:40 am Auction Saturday 27 June 11:30 am
$750,000 - $810,000 ~ NO Owners Corp~
3 2 3
Open Saturday 6 June 1:00 pm
$580,000 - $620,000
3 2 1
Open Thursday 4 June 5:00 pm Auction Saturday 20 June 10:30 am
$950,000 - $1,000,000
4 2 2
Open Saturday 6 June 2:00 pm Auction Saturday 13 June 12:00 pmReal Search makes searching for your new home easy with properties for sale in Seaford VIC 3198 and properties for rent in Seaford VIC 3198. Are you looking for specific type of property? Real Search has units for sale in Seaford VIC 3198 and houses for sale in Seaford VIC 3198. Real Search also provides 1 bedroom unit for sale in Seaford VIC 3198, 2 bedroom unit for sale in Seaford VIC 3198 & 3 bedroom unit for sale in Seaford VIC 3198. Find best real estate agents in Seaford VIC 3198. You can also check real estate agencies in Seaford VIC 3198. Research the property market of Seaford VIC 3198 with a property report and suburb profile report on Real Search.