316 Nepean Hwy, Frankston is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 464m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in December 2012.
WHAT AN OPPORTUNITY !
OPENING BIDS $380,000. ZONED FOR BUSINESS OR RESIDENTIAL YOU'LL BE BUYING A CUTE WEATHER BOARD COTTAGE ON APPROX 525SQM OF DELIGHTFUL WATERSIDE LAND WITH 12 MTR FRONTAGE TO KANANOOK CREEK. FROM THE BOTTOM OF YOUR GARDEN IT'S ONLY A LAZY PADDLE OR TINNY RIDE TO ACCESS THE BAY OR A SHORT TWO OR THREE MINUTE STROLL TO LONG ISLAND BEACH AND THE TENNIS CLUB ON THE OTHER SIDE OF THE CREEK. THERE ARE PLENTY OF BOARDWALKS, TRAILS AND RESERVES TO OCCUPY YOUR TIME AND YOU'RE WALKING DISTANCE TO THE STATION, MYERS AND BAYSIDE SHOPPING CENTRE. THE VERY COMFORTABLE COTTAGE COMPRISES ONE DOUBLE BEDROOM, GALLEY STYLE KITCHEN, COMBINED BATHROOM/LAUNDRY AND SEPARATE DINING WITH ONE STEP DOWN TO THE LIVING AREA WHICH OPENS TO A LOVELY ENTERTAINING DECK FROM WHICH TO ENJOY THE CREEK AND WATCH THE SUN GO DOWN. TWO SPLIT SYSTEMS DEAL WITH HEATING AND COOLING. SO! WEEKEND GETAWAY, NEW HOME OR BUSINESS SITE, INVESTMENT OR LAND BANKING EXERCISE, WHICH ONE WILL IT BE?
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 21,757 properties. Over the last 5 years, Houses in Frankston have seen a 37.92% increase in median value, while Units have seen a 37.00% increase. As at 31 January 2026:
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