3/40 Highview Road, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

3/40 Highview Road
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 202m2
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Property Details for 3/40 Highview Rd, Frankston

3/40 Highview Rd, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 202m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
Unit
Year Built
1980
Floor Size
83m2
Land Size
202m2
Local Government
Frankston
Lot/Plan
3/SP23032

Last Listing description (January 2023)

Backing directly onto the unit complex's communal gardens with a gate providing a shortcut to Heatherhill Rd shopping strip and Frankston Heights Primary School, this 2 bedroom unit offers rare value and a life of incredible convenience. Where you can walk through the back gate to the supermarket or bakery in the morning or to quickly grab your night's takeout, the home provides an appealing option in this high-demand Frankston neighbourhood with Monash University, Frankston Hospital, Frankston CBD and the beach all just minutes away.

Enjoying tranquil leafy surrounds and with the communal gardens available for you to lap up the outdoors, the solid brick home offers all your creature comforts including a spacious lounge with reverse-cycle air conditioner, gas stove, adjoining dining area and a sliding door to an alfresco area lined with fern gardens. The 2 bedrooms with robes sit between a beautifully renovated bathroom with shower, bath tub and modern vanity toilet, while the laundry has also been renovated with plenty of cupboard space. The home also includes a large garage with easy access through the courtyard and into the kitchen as well as an extra parking bay.


AVAILABLE 27TH JANUARY 2023

Property History for 3/40 Highview Rd, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$400,000
05 Oct 2020
Listed for Rent
$420/w
20 Jan 2023
  • 10 Jan 2023
    Listed for Rent $420 / week
  • 05 Oct 2020
    Sold for $400,000
  • 30 Sep 2020
    Listed for Sale Contact agent for details
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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.

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.