4/428 Nepean Highway, Frankston, VIC 3199 | Property Value & History | OnTheHouse
 
OFF MARKET

4/428 Nepean Highway
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 242m2
Land area: 2101m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 29 Dec 2025
Low
High
Share
Save

Property Details for 4/428 Nepean Hwy, Frankston

4/428 Nepean Hwy, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 2101m2 and floor size of 242m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
Unit
Year Built
2003
Floor Size
242m2
Land Size
2101m2
Local Government
Frankston
Lot/Plan
4/PS503684

Last Listing description (December 2019)

Sensationally situated right in the beating heart of Frankston and literally 300 metres to the beach, this two-bedroom cosmopolitan-style unit delivers the ultimate in seaside living in paces of major shopping, restaurants, bistros and cinemas in the vibrant entertainment precinct.Gazing out towards the bay in the close distance with the coastline just beyond, the luminous interior is timeless with timber floors, neutral tones and a fresh, open plan layout in the living and dining zone spilling out to a private balcony.Each with a built-in robe and heater, the bedrooms are situated within paces of the bathroom/laundry, while a well-sized kitchen with gas cooktop will delight those who enjoy cooking for friends before heading out The Deck or Pelly Bar for some cocktails and live entertainment.Including an allocated parking space and split-system unit, this beachside beauty will suit singles, couples, downsizers and professionals, or those seeking a solid investment in an always-in-demand location.Should you require any further information, please do not hesitate to contact Ellis Schofield on 0431 063 163 or Mikaela Fowler on 0432 223 166 anytime.Please note photo ID is required at all inspections.

Property History for 4/428 Nepean Hwy, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$330,000
22 Oct 2019
Listed for Rent
$285/w
18 Jun 2014
  • 22 Oct 2019
    Sold for $330,000
  • 10 Oct 2019
    Listed for Sale Not Disclosed
  • 04 Sep 2015
    Listed for Sale Contact Agent
Sign in to see more transactions
Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 21,756 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 69 properties listed for sale, and 60 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1184 properties were sold in the past 12 months in Frankston.

Frankston Profile Page

Suburb Insights for Frankston 3199

Visit Frankston profile page
Market Insights
Frankston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Frankston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Frankston profile page
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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED