2/432 Nepean Highway, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

2/432 Nepean Highway
Frankston VIC 3199

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 43m2
Land area: 1172m2
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Last updated 18 May 2026
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Property Details for 2/432 Nepean Hwy, Frankston

2/432 Nepean Hwy, Frankston is a 1 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 1172m2 and floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in September 2015.

Building Type
Unit
Year Built
1960
Floor Size
43m2
Land Size
1172m2
Local Government
Frankston
Lot/Plan
B/PS437649

Last Listing description (December 2018)

Perfectly positioned in the heart of beachside Frankston, sits this original One bedroom, One bathroom light and bright apartment, Within a short stroll of a multitude of local cafes, restaurant s, award winning beaches and all Frankston city has to offer.
Elevated on a secure second level, this apartment boasts large master bedroom with modern ensuite, fresh kitchen, open lounge and dining areas flowing seamlessly to an outdoor covered terrace.
Ideal for investors, downsizers and first home buyers, take full advantage of lifestyle elements, great rental return and proximity to local schools, beaches and modern infrastructure.

Additional highlight features:
Large master bedroom with built in wardrobe
Contemporary main bathroom/ensuite
Open family living
Spacious family dining
Hard wood Flooring throughout
Secure complex
Central Location
Off street parking
Whether you intend to invest, live locally and or commute to Melbourne via the nearby Peninsula Link, this home offers a lifestyle of convenience and comfort. Invest in confidence and bank on the returns of a great LIFESTYLE and the best LOCATION.
Frankston City is one of Melbourne s fastest growing and most desirable locations for many reasons. An affluent demographic of prospective purchasers are seeing enormous value in the lifestyle elements this great city offers! This is a great opportunity to enjoy Frankston s:
- Award Winning Beaches
- World Class Sporting and Recreational Amenities
- Ever Expanding Collection of Shopping Outlets
- Proximity to Melbourne as well as the Mornington Peninsula
This apartment is a rare find, don t miss you re chance to own this prime opportunity.

Property History for 2/432 Nepean Hwy, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$1,200,000
21 Sep 2015
Listed for Rent
$185/w
09 Feb 2010
  • 02 Jul 2018
    Listed for Sale $270,000 - $295,000
  • 21 Sep 2015
    Sold for $1,200,000
  • 07 Sep 2015
    Listed for Sale Contact Agent
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About Frankston 3199

The size of Frankston is approximately 19.8 square kilometres. It has 72 parks covering nearly 21.2% of 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 21,667 properties. Over the last 5 years, Houses in Frankston have seen a 24.64% increase in median value, while Units have seen a 29.97% increase. As at 30 April 2026:

  • The median value for Houses in Frankston is $867,535 while the median value for Units is $593,226.
  • Houses have a median rent of $590 while Units have a median rent of $490.
There are currently 135 properties listed for sale, and 64 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1168 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.