502/435 Nepean Highway, Frankston, VIC 3199 | Property Value & History | OnTheHouse
 
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502/435 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 502/435 Nepean Hwy, Frankston

502/435 Nepean Hwy, Frankston is a 1 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Frankston

Last Listing description (May 2021)

Apartment 502 at The Peninsula on the Bay is a professionally decorated and fully furnished 1 bedroom, 1 bathroom apartment with stunning bay views, private balcony and full building security including swipe pass access to apartment, building after hours and lift access.

Open plan living includes a spacious living and dining room with workstation, flat screen TV, the gourmet kitchenette features stone benchtops and Fisher & Paykel appliances and comes fully equipped with all cutlery, crockery and utensils.

With access to an on-site gymnasium, New York style launderette, business centre with flexible workspaces, BBQ terrace, caf and restaurant; The Peninsula on the Bay has it all!

Located just 40 minutes from Melbourne CBD, The Peninsula on the Bay is close to major arterials and public transport, with Frankston Beach, shops, restaurants and entertainment right on your doorstep.

Live the bayside urban lifestyle youve always dreamed of!

Call now to find out more or book a private inspection on 1300 208 858

* Images are for indicative purposes only
**Furnishings may not be exactly as depicted

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Property History for 502/435 Nepean Hwy, Frankston, VIC 3199

A timeline of how this property has performed in the market
Listed for Rent
$400/w
06 May 2021
  • 14 Dec 2020
    Listed for Rent $400 / week
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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 21,762 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 107 properties listed for sale, and 59 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1157 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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