406 Nepean HighwayFrankston VIC 3199
Property Details for 406 Nepean Hwy, Frankston
406 Nepean Hwy, Frankston is a 0 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 3635m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
Last Listing description (September 2022)
Black Fox Real Estate are delighted to present for your consideration this opportunity on close to 1 Acre of beachside land with self contained units currently returning $380,000* gross per annum (* approx.).
Consider your options to redevelop (STCA) townhouses, apartments or re-instate the motel.
* Central Frankston Location
* Long settlement available
Property History for 406 Nepean Hwy, Frankston, VIC 3199
- 16 Sep 2022Sold for $6,000,000
- 04 Aug 2022Listed for Sale UNDER CONTRACT
- 25 Feb 2021Listed for Rent $230 / week
Recent sales nearby
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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 21,753 properties. Over the last 5 years, Houses in Frankston have seen a 38.00% increase in median value, while Units have seen a 33.85% increase. As at 31 December 2025:
- The median value for Houses in Frankston is $863,752 while the median value for Units is $590,364.
- Houses have a median rent of $575 while Units have a median rent of $490.
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