21/402 Nepean Highway, Frankston, VIC 3199 | Property Value & History | OnTheHouse
 
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21/402 Nepean Highway
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 3575m2
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Property Details for 21/402 Nepean Hwy, Frankston

21/402 Nepean Hwy, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 3575m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
1960
Floor Size
61m2
Land Size
3575m2
Local Government
Frankston
Lot/Plan
59/RP13540

Last Listing description (March 2023)

A short stroll to restaurants, major shopping, the train station and the shore in the heart of Frankston, this beachside apartment pairs superb positioning and exciting affordability for new buyers and savvy investors.

Within a maintained complex with communal swimming pool for residents, the property is literally just 450 metres to the beach via a handy footbridge across Kananook Creek, while the cornucopia of nearby cafes, bistros, rooftop bars, cinemas and the Arts Centre offer a lifestyle-lover's playground within footsteps.

Well presented and updated in recent years, the apartment boasts open plan living and dining with caramel carpeting, fresh tones and a free-flowing floor-plan spilling out to a private balcony overlooking the coastal panorama, Port Phillip Bay and the Melbourne city skyline.

A sleek white kitchen is fitted with a stainless-steel oven, glass ceramic cooktop, subway tiling and plenty of storage, while the modern bathroom with shower/tub combo also provides a handy laundry connection to fit your washing machine.

Including split-system heating and air conditioning, as well as an allocated parking space and storage shed, this seaside gem is just 700 metres to Frankston Station for an easy commute into Melbourne CBD.

Should you require any further information, please do not hesitate to contact Tamara Doubovtzeff on 0400 851 539 anytime.

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Property History for 21/402 Nepean Hwy, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$360,000
09 Feb 2023
Listed for Rent
$240/w
28 Nov 2013
  • 09 Feb 2023
    Sold for $360,000
  • 10 Jan 2023
    Listed for Sale $349,000 - $379,000
  • 03 Mar 2020
    Transferred
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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 21,758 properties. Over the last 5 years, Houses in Frankston have seen a 37.66% increase in median value, while Units have seen a 34.11% increase. As at 30 November 2025:

  • The median value for Houses in Frankston is $855,978 while the median value for Units is $580,928.
  • Houses have a median rent of $570 while Units have a median rent of $480.
There are currently 64 properties listed for sale, and 61 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1176 properties were sold in the past 12 months in Frankston.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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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.

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