21/392-394 Nepean Highway, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

21/392-394 Nepean Highway
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 3578m2
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Last updated 6 Jul 2026
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Property Details for 21/392-394 Nepean Hwy, Frankston

21/392-394 Nepean Hwy, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 3578m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in May 2025.

Building Type
Unit
Year Built
2008
Floor Size
80m2
Land Size
3578m2
Local Government
Frankston
Lot/Plan
21/PS607864

Last Listing description (June 2026)

Highlighted Elements:
Perfectly positioned in a sought-after beachside pocket, this spacious ground-floor apartment offers low-maintenance living just moments from Frankston CBD, public transport, cafes, and the beach. Featuring two generous bedrooms, a bright open-plan living and dining area with hardwood flooring, split system heating and cooling, a modern kitchen with stainless steel appliances and island bench, plus a private courtyard ideal for relaxing or entertaining. Additional features include semi-ensuite access to the master bedroom, separate laundry, secure basement parking, storage cage, and easy access to schools, shopping, and Peninsula lifestyle attractions.

Key Elements:

Move in date: Wednesday 15th July
Lease length: 12 months lease at a time
Rent weekly: $500 per week
Bond: $2,172.62
Off-street parking: Yes secure basement parking
Attributes: Beachside location, low maintenance, ground floor apartment, private courtyard, modern finishes throughout.
School zone: Primary: Frankston Primary School I Secondary: Monterey Secondary College.
Heating: Split system heating
Cooling: Split system cooling
NBN is connected throughout the area. If no box is connected you will need to contact your supplier to get one installed. No charge for this.
Part of a Body Corporate: Yes
Compliance Checks: Completed and passed all Safety Checks. Safety reports can be provided.

To Inspect: Please refer to the listed inspection time. We are unable to offer private inspections if the property is occupied. Open for Inspection times and property availability is subject to change without notice so we suggest you register for opens to be notified of any changes.

Photo ID: Please make sure when attending open to bring photo ID.

Interested in applying: Applications will only be accepted online and once you have attended the inspection. Make sure you get the code which will be supplied on the kitchen bench to apply.

Disclaimer: In preparing this information, Element Estate Agents has relied in good faith upon information provided by others and has made all reasonable efforts to ensure that the information is correct. The accuracy of the information provided to you (whether written or verbal) cannot be guaranteed. If you are considering this property, you must make all enquiries necessary to satisfy yourself that all information is accurate.

Caution: Element Estate Agents has exclusive leasing rights to this property. We do not advertise on Gumtree, Facebook Marketplace or any other social media platforms. Please be aware of scammers.

Property History for 21/392-394 Nepean Hwy, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$475,000
15 May 2025
  • 11 Jun 2026
    Listed for Rent $500 / week
  • 15 May 2025
    Sold for $475,000
  • 28 Apr 2025
    Listed for Sale $475,000
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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 21,725 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 68 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1113 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.