48/325 Nepean Highway, Frankston, VIC 3199 | Property Value & History | OnTheHouse
 
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48/325 Nepean Highway
Frankston VIC 3199

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 26 Jan 2026
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Property Details for 48/325 Nepean Hwy, Frankston

48/325 Nepean Hwy, Frankston is a 1 bedroom, 1 bathroom Unit and was built in 1990. While the property is not currently for sale or for rent, it was last sold in April 2024.

Building Type
Unit
Year Built
1990
Local Government
Frankston
Lot/Plan
48/PS544420

Last Listing description (May 2022)

A Great Addition to the Investment Portfolio

A studio apartment offering unrivalled value, allowing for unlimited future growth whilst maintaining a very strong yield along the way. Currently tenanted at $805 per month / $185 per week, equating to a 9.7% gross yield (approx), the perfect addition to any investment portfolio.

An ultra-convenient position, close to Frankston Beach and Frankston CBD / Bayside Shopping Complex, this investment opportunity comes with plenty of upside and opportunity for future growth whilst maintaining a healthy rental yield along the way.

This open layout studio with kitchenette and separate bathroom also boasts a north facing courtyard. The apartment complex is conveniently located within easy walking distance to Frankston Beach, Kananook Creek boardwalk, Frankston Train Station, Bayside Shopping Complex with many major retailers and specialty shops, cafes, restaurants and entertainment venues.

Please Note: Photography of the unit and courtyard are from 2020 when the property was last vacant.

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Property History for 48/325 Nepean Hwy, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$117,500
12 Apr 2024
  • 09 May 2022
    Sold - Price Undisclosed
  • 19 Apr 2022
    Listed for Sale $105,000
  • 12 Jun 2020
    Sold for $85,000
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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 21,756 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.
There are currently 104 properties listed for sale, and 57 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1155 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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