545 Nepean HighwayFrankston VIC 3199
Property Details for 545 Nepean Hwy, Frankston
545 Nepean Hwy, Frankston is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1890. The property has a land size of 1956m2 and floor size of 500m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (February 2016)
With vast proportions, measuring approximately 20.5m wide by 100m deep, totalling 2011sqm or half an acre in the old measurement, this expansive property offers outstanding multi unit development possibilities (subject to council approval) in a highly sought after position, only moments away from the centre of Frankston.
On offer are stunning bay views, never to be built out on, alongside the convenience of having a golden sandy beach only steps away from your front door. Complete with its general residential zoning, the block is currently occupied by a sizeable home with three bedrooms, making it easy to lease whilst plans are finalised. In a central location that's certain to attract future growth it's literally steps to the beach and moments away from Frankston train station, shopping centre, schools & sporting facilities. What an opportunity!
Property History for 545 Nepean Hwy, Frankston, VIC 3199
- 12 Nov 2021Sold for $2,600,000
- 03 Oct 2015Sold for $1,755,000
- 07 Sep 2015Listed for Sale $1,550,000 - $1,750,000
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0About 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 21,754 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.
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