2/381 Nepean Highway, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

2/381 Nepean Highway
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 718m2
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Last updated 6 Jul 2026
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Property Details for 2/381 Nepean Hwy, Frankston

2/381 Nepean Hwy, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1968. The property has a land size of 718m2.

Building Type
Unit
Year Built
1968
Land Size
718m2
Local Government
Frankston

Last Listing description (June 2026)

Enjoy the convenience of a sought-after beachside lifestyle with this elevated apartment, ideally positioned within walking distance to the beach, local shopping precincts, cafes, restaurants and a wide range of everyday amenities.

Offering comfortable and low-maintenance living, the property comprises two generously sized bedrooms, both fitted with built-in robes, a functional kitchen with electric cooking facilities, and a light-filled living area complete with split-system heating and cooling for year-round comfort.

The central bathroom includes laundry facilities, while a separate toilet provides added convenience. Outside, the home offers the rare benefit of both a front garden and private rear courtyard, providing space to relax or entertain. A lock-up garage further enhances the practicality and appeal of this property.

Perfectly suited to those seeking a relaxed coastal lifestyle with everything at their doorstep, this property presents an excellent opportunity in a highly convenient location

Property History for 2/381 Nepean Hwy, Frankston, VIC 3199

A timeline of how this property has performed in the market
Listed for Rent
23 Jun 2026
  • 17 Jun 2026
    Listed for Rent $425 / week
  • 02 Dec 2024
    Listed for Rent $425 / week
  • 19 Jul 2024
    Listed for Rent $350 / week
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About Frankston 3199

The size of Frankston is approximately 19.8 square kilometres. There are 72 parks, covering nearly 21.2% of the total area. The population of Frankston in 2016 was 36097 people. By 2021 the population was 37331 showing a population growth of 3.4% in the area during that time. The predominant age group in Frankston is 30-39 years. Households in Frankston are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Frankston work in a professional occupation.In 2021, 58.30% of the homes in Frankston were owner-occupied compared with 56.80% in 2016.

Frankston has 21,765 properties. Over the last 5 years, Houses in Frankston have seen a 14.92% increase in median value, while Units have seen a 20.83% increase. As at 30 June 2026:

  • The median value for Houses in Frankston is $840,298 while the median value for Units is $574,722.
  • Houses have a median rent of $595 while Units have a median rent of $495.
There are currently 140 properties listed for sale, and 68 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1094 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.