3/527-529 Nepean Highway, Frankston, VIC 3199 | Property Value & History | OnTheHouse
FOR RENT

3/527-529 Nepean Highway
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 337m2
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Property Details for 3/527-529 Nepean Hwy, Frankston

3/527-529 Nepean Hwy, Frankston is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1985. The property has a land size of 337m2.This Property is currently listed for rent with OBrien Real Estate Frankston

Building Type
Unit
Year Built
1985
Land Size
337m2
Local Government
Frankston
Lot/Plan
3/SP24204

Last Listing description (August 2026)

Positioned on the upper crest of Oliver's Hill and privately set at the rear of an exclusive boutique complex, this beautifully presented single-level residence offers an exceptional lifestyle with breathtaking bay views, low-maintenance living, and an enviable coastal address.

Capturing sweeping water views through oversized north-facing picture windows, the home is filled with natural light and designed to make the most of its spectacular outlook. A welcoming entry leads through to spacious living and dining areas featuring polished timber flooring and uninterrupted views across the bay.

The well-appointed kitchen is complete with quality appliances, generous storage, and excellent bench space, flowing seamlessly into a family and meals area. An adjoining laundry provides additional functionality and storage.

French timber doors open to a private outdoor sanctuary featuring a decked entertaining area, established gardens, vegetable beds, tranquil pond, and a large gabled pergola with ceiling fan - creating the perfect setting for year-round enjoyment.

Accommodation includes a spacious main bedroom with walk-in robe, private ensuite, and direct access to the front deck where the bay views can be enjoyed. Two additional bedrooms are serviced by a beautifully renovated central bathroom.

Additional features include:

- Sweeping bay views from the main living areas
- Single-level living
- Main bedroom with walk-in robe and ensuite
- Renovated central bathroom
- Ducted heating and cooling
- Double remote garage with internal access
- Private courtyard and outdoor entertaining area
- Established gardens and vegetable beds
- Boutique complex in a premium location

Located within the highly sought-after Frankston High School Zone and only moments from the beach, Sweetwater Creek, local cafs, public transport, Frankston CBD, and Mount Eliza Village, this exceptional home offers a rare opportunity to enjoy premium coastal living in one of Frankston's most desirable locations.

PLEASE NOTE: The spa is not included in the lease agreement.

INSPECTIONS: Please register your interest for this property, you will then be alerted to any inspections or updates moving forward. Inspections will be made available midweek and Saturdays. You will need to book in to be show the property, please ensure you have your I.D. with you when attending. Please make sure you register for the inspection, by clicking the "Register" button below.

APPLICATIONS: Once you have attended the home open you will be sent a link to apply, we will only accept applications if you have viewed the property.

Property History for 3/527-529 Nepean Hwy, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$490,000
12 Jan 2008
Listed for Rent
$850/w
11 Jul 2026
  • 08 Jul 2026
    Listed for Rent $800 / week
  • 27 Mar 2026
    Listed for Sale $1,200,000 - $1,300,000
  • 16 Apr 2008
    Listed for Rent - Price not available
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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 21,777 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 135 properties listed for sale, and 62 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1072 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.