4/535-537 Nepean Highway, Frankston, VIC 3199 | Property Value & History | OnTheHouse
 
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4/535-537 Nepean Highway
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 142m2
Land area: 208m2
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Property Details for 4/535-537 Nepean Hwy, Frankston

4/535-537 Nepean Hwy, Frankston is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 1998. The property has a land size of 208m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in March 2017.

Building Type
Townhouse
Year Built
1998
Floor Size
142m2
Land Size
208m2
Local Government
Frankston
Lot/Plan
4/PS338368

Last Listing description (April 2017)

With its tranquil bay views spanning from Olivers Hill to the lights of Melbourne, this discreet three-bedroom villa offers lifestyle and convenience at the heart of Frankston. With living and bedrooms on two levels, the home is zoned for family living and work from home. The outdoor spa is adjacent to a lush vegetable garden that compliments the gourmet kitchen. Overlooking a dining and living with a gas log fire, the kitchen features granite benchtops and a five-burner cooktop. Water views dominate the open plan living and alfresco whilst the master bedroom and en suite harbour views to the west of the bay. Ducted gas heating and split systems maintain a temperate climate whilst a remote double lock-up garage is equipped for a workshop and storage. Urban living is magically transported to the fringe of the Mornington Peninsula in this home designed for ease and enjoyment.

* Panoramic views of Port Phillip Bay & City
* Prestige villa complex with quiet outlook

* Magnificent open plan design spills out to alfresco
* Gourmet kitchen with granite benchtops & pantry
* Master bedroom & en suite with water views
* 2 further bedrooms or 1 bed & oversized study
* 2 outdoor entertaining areas over both levels
* Ducted gas heat & 3 split systems throughout
* Outdoor spa with adjacent vegetable garden
* Remote DLUG with storage and workshop facilities
* Walking to beach, trains & downtown Frankston
* Only 40 minutes drive to Melbourne CBD

Photo I.D. required at Open for Inspections

Nicholas Lynch : 0411 121 356

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Property History for 4/535-537 Nepean Hwy, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$851,000
01 Mar 2017
  • 01 Mar 2017
    Sold for $851,000
  • 17 Feb 2017
    Listed for Sale $800,000 plus
  • 16 Feb 2016
    Listed for Sale BUYERS OVER $825,000
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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 21,754 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:

  • The median value for Houses in Frankston is $874,464 while the median value for Units is $593,610.
  • Houses have a median rent of $580 while Units have a median rent of $490.
There are currently 94 properties listed for sale, and 61 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1168 properties were sold in the past 12 months in Frankston.

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© 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.

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