533 Nepean Highway, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

533 Nepean Highway
Frankston VIC 3199

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 228m2
Land area: 1043m2
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Property Details for 533 Nepean Hwy, Frankston

533 Nepean Hwy, Frankston is a 4 bedroom, 2 bathroom House and was built in 1976. The property has a land size of 1043m2 and floor size of 228m2. While the property is not currently for sale or for rent, it was last sold in April 2015.

Building Type
House
Year Built
1976
Floor Size
228m2
Land Size
1043m2
Local Government
Frankston
Lot/Plan
6/LP6198

Last Listing description (June 2017)

Location, location, location, when you re talking real estate the advice is always the same, add potential to the mix then you have the recipe for success. Anyway you look at this, the potential is endless, and the position is perfect it s a positive investment in your future
The current solid home offers four generous bedrooms, 2 bathrooms, large living area down stairs, the upstairs space is accentuated with soaring cathedral ceilings, a balcony running the length of the home with amazing water, Frankston pier and Melbourne city skyline views
Positioned to the rear of the large approx 1050 sqm block, the site leaves itself open to leaving the house and building a new one in the front, or demolish the lot with the potential to possibly build 4 units (STCA)

All of this just meters to the sandy Frankston foreshore, boardwalks, Frankston CBD, restaurants and shopping centers.
Auction Saturday 18th April on site @ 2:00pm
Terms; 5% or 10% on the day, Balance; 90 or 120 Days
The current Oliver s Hill and Frankston South market has never seen so much recent Real Estate activity, don t miss what could be a once in a lifetime opportunity

Property History for 533 Nepean Hwy, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$1,283,000
18 Apr 2015
  • 18 Apr 2015
    Sold for $1,283,000
  • 20 Mar 2015
    Listed for Sale Auction
  • 21 Jan 2009
    Transferred
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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 103 properties listed for sale, and 57 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1152 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.