5/388-390 Nepean Highway, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

5/388-390 Nepean Highway
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 3806m2
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Property Details for 5/388-390 Nepean Hwy, Frankston

5/388-390 Nepean Hwy, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 3806m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in July 2008.

Building Type
Unit
Year Built
1970
Floor Size
70m2
Land Size
3806m2
Local Government
Frankston
Lot/Plan
37/RP16502

Last Listing description (September 2008)

LOCATION! LOCATION!
IF LOCATION IS IMPORTANT TO YOU THIS IS THE UNIT YOU HAVE BEEN LOOKING FOR. WALKING DISTANCE TO THE FRANKSTON CBD AND THE BEACH WITH PUBLIC TRANSPORT INCLUDING THE FRANKSTON TRAIN STATION A SHORT STROLL. THIS GROUND FLOOR UNIT HAS 2 BEDROOMS WITH BUILT IN ROBES, A SPACIOUS LIVING ROOM AND AN ORIGINAL KITCHEN. IT HAS A DELIGHTFUL OUTLOOK ONTO KANANOOK CREEK. THE COMBINED BATHROOM/LAUNDRY HAS RECENTLY BEEN UPDATED. THIS OPPORTUNITY IS PERFECT FOR SOMEONE WANTING TO ENTER THE BOOMING FRANKSTON PROPERTY MARKET OR SUITABLE FOR AN INVESTOR - A LITTLE TLC WOULD YIELD A GREAT RETURN. THERE IS ALSO A CAR SPACE ON TITLE. SITUATED AT THE REAR OF "THE MEWS" A POPULAR COMPLEX IN A DESIRABLE AND HIGHLY SOUGHT AFTER LOCATION. OPEN FOR INSPECTION SATURDAYS FROM 11:30AM FOR HALF AN HOUR - CALL TO REGISTER YOUR INTEREST TODAY. TANJA NEVEN 0408 664 429.

Property History for 5/388-390 Nepean Hwy, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$177,500
30 Jul 2008
Listed for Rent
$140/w
03 Jun 2006
  • 30 Jul 2008
    Sold for $177,500
  • 23 Jun 2008
    Listed for Sale $194,500
  • 17 May 2006
    Listed for Rent - Price not available
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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 21,786 properties. Over the last 5 years, Houses in Frankston have seen a 14.92% increase in median value, while Units have seen a 20.83% increase. As at 30 June 2026:

  • The median value for Houses in Frankston is $840,298 while the median value for Units is $574,722.
  • Houses have a median rent of $595 while Units have a median rent of $495.
There are currently 150 properties listed for sale, and 80 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1091 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.