39/392-394 Nepean Highway, Frankston, VIC 3199 | Property Value & History | OnTheHouse
 
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39/392-394 Nepean Highway
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 3578m2
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Last updated 31 Aug 2026
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Property Details for 39/392-394 Nepean Hwy, Frankston

39/392-394 Nepean Hwy, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 3578m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
2008
Floor Size
67m2
Land Size
3578m2
Local Government
Frankston
Lot/Plan
39/PS607864

Last Listing description (November 2024)

**LEASED BY AQUIRE**
~ Lease term 12 months
~ All pets considered.

Stunningly designed and renovated 2 bedroom executive unit is ready for lease.

You'll love apartment style living with your own private balcony, accessible from both the lounge room and the main bedroom for that perfect combination of indoor and outdoor living.

Secure living with intercom access, sub-basement assigned parking, lift, and internal courtyard makes for the quintessential CBD experience by the Bay. Positioned only a few steps from shops, restaurants, and transport to the east and stunning Frankston beach to the west.

Be welcomed into the open plan living / dining area where your eye will automatically be drawn towards the modern kitchen and out to the large balcony. Kitchen offers induction cooking, dishwasher, and plenty of cupboard storage and bench preparation space.

Flowing though are two generously sized bedrooms, both with built in robes. Main bathroom offers shower over bath, with separate laundry.

Split system heating and cooling, gated secured parking, storage locker, internal lift, and intercom access.
**Please ensure you are on time to the inspection as the agent cannot come back down to let in late comers. Thank you
*** APPLY ONLINE through realestate.com.au to fast track your interest in this amazing property & REGISTER ONLINE to be invited to our next scheduled inspection. We look forward to seeing your there.***

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Property History for 39/392-394 Nepean Hwy, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$480,000
02 Feb 2023
Listed for Rent
$470/w
14 Jul 2024
  • 18 Jun 2024
    Listed for Rent $470 / week
  • 25 Oct 2023
    Listed for Rent $470 / week
  • 20 Feb 2023
    Listed for Rent $455 / week
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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 21,849 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 134 properties listed for sale, and 78 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1052 properties were sold in the past 12 months in Frankston.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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