3/388-390 Nepean Highway, Frankston, VIC 3199 sold on 17 October 2025 | OnTheHouse
SOLD
Sold on 17 Oct 2025 for $365,000

3/388-390 Nepean Highway
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
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Property Details for 3/388-390 Nepean Hwy, Frankston

3/388-390 Nepean Hwy, Frankston is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 2 bedroom Apartment sold in Frankston in the last 12 months.

Building Type
Apartment
Floor Size
70m2

Last Listing description (October 2025)

With its brilliant positioning along the Kananook Creek pathways with nearby bridge access to the pristine foreshore, this sun-drenched 2-bedroom unit is a property that deserves immediate attention. Just a short stroll from everything Frankston's rejuvenated CBD has to offer, it presents a magnificent entry-level beachside opportunity for first-home buyers, downsizers, or investors looking to take advantage of a fast-moving market.

A light-filled interior has been designed to maximise flow and comfort, hinting at relaxed living while keeping practicality at its forefront. The formal lounge and dine-in kitchen combine to create an airy and open space, with natural light highlighting its proportions and encouraging easy movement from one space to the next. A neatly appointed kitchen provides everything needed for an easy life, with split-system air conditioning ensuring everything remains comfortable year-round.

The two large bedrooms are fitted with built-in robes, with a central bathroom including space and provisions for a laundry. Complete with a separate toilet and a dedicated car space on title, you're just metres from those immersive bushland pathways along the creek or down to the beach, with Bayside and boutique shopping prospects, vibrant dining and entertainment options, and brilliant public transport all close by.

This entry-level treasure won't stay on the market for long - act fast!

Property History for 3/388-390 Nepean Hwy, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$365,000
17 Oct 2025
  • 17 Oct 2025
    Sold for $365,000
  • 06 Oct 2025
    Listed for Sale $365,000
  • 11 Oct 2019
    Sold for $286,000
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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 21,778 properties. Over the last 5 years, Houses in Frankston have seen a 11.22% increase in median value, while Units have seen a 16.96% increase. As at 31 July 2026:

  • The median value for Houses in Frankston is $829,312 while the median value for Units is $572,690.
  • Houses have a median rent of $599 while Units have a median rent of $500.
There are currently 140 properties listed for sale, and 60 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1068 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

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Luke Magree
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Riley Kidman
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OBrien Real Estate 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.