11/388-390 Nepean Highway, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

11/388-390 Nepean Highway
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 3806m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 17 Aug 2026
Low

High
Save

Property Details for 11/388-390 Nepean Hwy, Frankston

11/388-390 Nepean Hwy, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 3806m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in August 1984.

Building Type
Unit
Year Built
1965
Floor Size
70m2
Land Size
3806m2
Local Government
Frankston
Lot/Plan
11/RP16502

Last Listing description (August 2026)

Welcome home to this wonderfully located two bedroom apartment. Featuring a spacious loungeroom with gas heating and security door, two good sized bedrooms with build in robes, brand new carpet throughout, well equipped kitchen with gas cooking, a practical combined bathroom and laundry and one allocated open car space. Just a short walk to Frankston transport hub, Frankston beach front and only 500m walk to the beach. Contact Us for your inspection! 03 8762 0128

Property History for 11/388-390 Nepean Hwy, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$31,000
16 Aug 1984
Listed for Rent
08 Jan 2026
  • 21 Jul 2026
    Listed for Rent $450 / week
  • 02 Dec 2025
    Listed for Rent $430 / week
  • 02 Sep 2022
    Listed for Rent $340 / week
Sign in to see more transactions
Commute Calculator

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 21,774 properties. Over the last 5 years, Houses in Frankston have seen a 11.22% increase in median value, while Units have seen a 16.96% increase. As at 31 July 2026:

  • The median value for Houses in Frankston is $829,312 while the median value for Units is $572,690.
  • Houses have a median rent of $599 while Units have a median rent of $500.
There are currently 136 properties listed for sale, and 59 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1056 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

Market Insights
Frankston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Frankston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.