507/1 Plowman Place, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

507/1 Plowman Place
Frankston VIC 3199

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 2017m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 21 Sep 2026
Low

High
Save

Property Details for 507/1 Plowman Pl, Frankston

507/1 Plowman Pl, Frankston is a 1 bedroom, 1 bathroom Unit. The property has a land size of 2017m2. While the property is not currently for sale or for rent, it was last sold in August 2024.

Building Type
Unit
Land Size
2017m2
Local Government
Frankston
Lot/Plan
507/PS841905

Last Listing description (October 2024)

Taking lifestyle living to extraordinary new heights, this exquisite one-bedroom 'sunrise' apartment in the newly completed Horizon development is indulgence personified. Brimming with style at every turn and designed to captivate the senses, Horizon, a collaboration between Urban DC and the renowned Elenberg Fraser, is the height of beachside living, with facilities and finishes never before seen on the Mornington Peninsula.

From its breathtaking coast-to-city vistas to its world-class wellness amenities catering to every whim, this development offers a peerless experience that is simply unforgettable.

Appointed with a secure and private basement car space, storage cage, and so much more - this one-bedroom haven will appeal to those who love convenience. Superb morning light is captured through floor-to-ceiling glazing that frames impeccable sky-high landscaping and never-ending park views, whilst soft oak, white stone, and bronze elements showcase elite quality.

There are robes and a large terrace to the spacious bedroom, a walk-in shower and laundry facilities in the bathroom, reverse-cycle heating/cooling and quality appliances within the gourmet kitchen and integrated fridge/freezer.

The draw cards for this development keep growing - with residents able to enjoy a wide range of world-class resident amenities, including a gym, outdoor shower, two outdoor heated spas, day beds with panoramic bay views, and an entertainer's lounge/kitchen with bi-folds to a BBQ terrace that oversees the AFLW games at Frankston oval. But that's not all - there's also a car wash, dog wash, bike storage/workshop, a communal workshop, concierge and a deluxe wine room with a private temp-controlled fridge specifically for your apartment. There's even a yoga/pilates studio and a massage room - all available for booking through the resident's-only Horizon app.

The best part is that this world-class residence is in Frankston's most revered and tightly-held positions, just a short walk to the beach, recreation and entertainment precincts, bars, Bayside shopping, transport and moments from freeway access.

Did you know...This property overlooks iconic landmarks featured in Frankston Monopoly. You will be able to enjoy your very own copy as the new owner!

Property History for 507/1 Plowman Pl, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$595,000
30 Aug 2024
  • 30 Aug 2024
    Sold for $595,000
  • 02 Apr 2024
    Listed for Sale $550,000 - $600,000
  • 01 Oct 2021
    Sold for $535,090
Commute Calculator

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 21,842 properties. Over the last 5 years, Houses in Frankston have seen a 7.98% increase in median value, while Units have seen a 12.98% increase. As at 31 August 2026:

  • The median value for Houses in Frankston is $815,119 while the median value for Units is $558,435.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 135 properties listed for sale, and 73 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1004 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

Market Insights
Frankston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Frankston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.