40/392-394 Nepean Highway, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

40/392-394 Nepean Highway
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 3578m2
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Property Details for 40/392-394 Nepean Hwy, Frankston

40/392-394 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 69m2. While the property is not currently for sale or for rent, it was last sold in May 2012.

Building Type
Unit
Year Built
2008
Floor Size
69m2
Land Size
3578m2
Local Government
Frankston
Lot/Plan
40/PS607864

Last Listing description (January 2020)

Being North facing on the top level of the building this apartment is one of the brightest and most private dwellings in this development. This modern beachside apartment within an ultra-convenient location is the perfect place to call home.

Comprising two well sized bedrooms, modern kitchen offering stone bench tops and stainless steel appliances, open plan living area with sliding doors leading to a private balcony, functional modern bathroom and laundry. Other features include: split system air con, quality fit out throughout, secure basement parking, storage cage, security entrance, intercom & off street visitors parking. The apartment complex is located within close proximity to Frankston beach, Kananook Creek boardwalk, public transport, many major retailers and specialty shops, cafes, restaurants and entertainment venues.


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Property History for 40/392-394 Nepean Hwy, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$257,000
18 May 2012
Listed for Rent
$345/w
23 Jan 2020
  • 14 Jan 2020
    Listed for Rent $345 / week
  • 06 Mar 2015
    Listed for Rent $315 / week
  • 10 Jan 2014
    Listed for Rent $310 / 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 21,776 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 136 properties listed for sale, and 75 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1043 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.