483 Nepean Highway, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

483 Nepean Highway
Frankston VIC 3199

Bedrooms: -
Bathrooms: 1
Car spaces: 2
Land area: 191m2
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Property Details for 483 Nepean Hwy, Frankston

Building Type
Commercial
Land Size
191m2
Local Government
Frankston
Lot/Plan
1/PS521449

Last Listing description (September 2026)

Single fronted shop with free hold title offers 78m2 of floor space including facilities and an onsite car space.
Diagonally opposite the Pier Hotel Frankston, a popular entertainment venue the shop has high exposure to pedestrian traffic every day of the week.

The rectangular shop features split-system AC unit, an alcove at the rear suitable for an office area, change room or similar usage. A rear door gives access to private facilities
Within the Frankston Councils on going revitalisation program, "Nepean Boulevard Vision", details of which are found on the Council Website, with some stages complete the program aims to bring additional tourism and locals to the area.

Features:
Build area 78m2 approximately
Open plan with facilities
No owner's corporation
One car space on site
SS Airconditioner


Property History for 483 Nepean Hwy, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$396,000
15 Apr 2002
  • 02 Mar 2026
    Listed for Sale P.O.A.
  • 14 Jul 2012
    Listed for Sale 800000
  • 15 Apr 2002
    Sold for $396,000
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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 21,827 properties. Over the last 5 years, Houses in Frankston have seen a 7.98% increase in median value, while Units have seen a 12.98% increase. As at 31 August 2026:

  • The median value for Houses in Frankston is $815,119 while the median value for Units is $558,435.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 136 properties listed for sale, and 58 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1003 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.