16/392-394 Nepean Highway, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

16/392-394 Nepean Highway
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 120m2
Land area: 3578m2
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Property Details for 16/392-394 Nepean Hwy, Frankston

16/392-394 Nepean Hwy, Frankston is a 3 bedroom, 2 bathroom Unit and was built in 2008. The property has a land size of 3578m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in May 2012.

Building Type
Unit
Year Built
2008
Floor Size
120m2
Land Size
3578m2
Local Government
Frankston
Lot/Plan
16/PS607864

Last Listing description (July 2026)

Some homes refuse to be categorised. The address suggests one thing, but step inside, and it delivers something else entirely. The separation, the scale, the private courtyard, the covered alfresco and the balcony beyond. All the qualities of a townhouse without the upkeep. Someone else looks after the building. The garden tends to itself.

The entry opens to three bedrooms, calm and private. The main has a walk-in robe, ensuite and a sliding door to a courtyard where the garden has had years to settle and the morning sun arrives early. The second is a true second master, its own walk-in robe and shared ensuite, making it the natural choice for a household where two generations share a roof but prefer their own space. A study nook at the foot of the stairs handles the work-from-home days without asking for a room of its own.

Head upstairs, and the home opens out. Living, dining and kitchen flow together as one generous space, easy and unhurried. The kitchen anchors one end, with stone benchtops, white gloss cabinetry with dark contrast accents, and a breakfast bar that keeps you connected to whoever is perched there pretending to help. A sliding door out to the covered alfresco, and from there to a balcony that is already generous with the screen down. Raise it and the view opens right up: the creek below, the treetops of Kananook Creek just beyond, and on a still evening, the sound of the beach carrying across the water.

Secure from the front door through to the basement, intercom and coded access at the entrance, two car spaces, a bike cage and a storage cage. Electric heating and a split system throughout. Frankston Primary School just moments away. Bayside Shopping Centre, Frankston Station and freeway access are all close at hand, and a bus stop right outside for the days you'd rather leave the car where it is.

The creek at the back. The beach at the end of the trail. Everything else exactly where it needs to be.

Property History for 16/392-394 Nepean Hwy, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$350,000
28 May 2012
  • 29 Jun 2026
    Listed for Sale $690,000 - $750,000 | Coastal Calm
  • 28 May 2012
    Sold for $350,000
  • 14 Apr 2012
    Listed for Sale $375,000
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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 21,785 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 141 properties listed for sale, and 80 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1078 properties were sold in the past 12 months in Frankston.

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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.