23/325 Nepean Highway, Frankston, VIC 3199 sold on 01 June 2026 | OnTheHouse
SOLD
Sold on 01 Jun 2026 for $110,000

23/325 Nepean Highway
Frankston VIC 3199

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 34m2
Land area: 9572m2
Sold By
agent headshot
fosterfroling Real Estate
Save

Property Details for 23/325 Nepean Hwy, Frankston

23/325 Nepean Hwy, Frankston is a 1 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 9572m2 and floor size of 34m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 1 bedroom Unit sold in Frankston in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
34m2
Land Size
9572m2
Local Government
Frankston
Lot/Plan
23/PS544420

Last Listing description (June 2026)

A very rare find and undoubtedly one of the best studio apartments within the complex. Perfectly positioned at the end of the row, this property enjoys a picturesque outlook along with its own private front courtyard - something truly hard to come by in this development.

Adding even more appeal, the property is securely leased to a long-term tenant who has happily called this home for the past 11 years and is very keen to continue leasing for as long as possible, providing immediate stability for investors.

Current rental return: $977 per calendar month

Estimated true market rent: Approx. $280 per week
Air conditioning
Body corporate: Approx. $740 per quarter
Council rates: Approx. $500 per year
Allocated car space directly visible from the front door
Quiet end position with added privacy
Off-market opportunity

Please note: The photos and video were personally taken by myself, so I do apologise for the quality, however they still showcase the fantastic position and potential this property offers.

Rare opportunities like this do not come along often.

Property History for 23/325 Nepean Hwy, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$110,000
01 Jun 2026
Listed for Rent
$180/w
10 Aug 2013
  • 01 Jun 2026
    Listed for Sale $125,000
  • 01 Jun 2026
    Sold for $110,000
  • 09 Aug 2013
    Listed for Rent $180 / 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 21,696 properties. Over the last 5 years, Houses in Frankston have seen a 18.95% increase in median value, while Units have seen a 28.28% increase. As at 31 May 2026:

  • The median value for Houses in Frankston is $850,246 while the median value for Units is $594,484.
  • Houses have a median rent of $590 while Units have a median rent of $490.
There are currently 141 properties listed for sale, and 70 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1135 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.